An Indian mill had floated an ocean export tender for the sale of 25,000 t of steel grade pig iron. The due date was 24 Jun’21 and the shipment was scheduled for end-Aug. According to market sources, the tender has been cancelled on bid-offer disparities. The bids were heard at around $540-545/t, FoB levels. The company has issued a new tender for a similar quantity for end-Aug delivery, which is due on 6 Jul.
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