An Indian steelmaker had floated an export tender for spot sale of 30,000 t of BF blooms (150x150mm, 3SP/4SP grade) last week. The tender was against 100% advance payment terms with the due date being 21 Aug’21. The shipment had been scheduled within 45 days from the export agreement. According to sources, the deal stands cancelled due to low bids and limited participation.
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