Indian mill concludes 16,200 t billet export tender

An Indian state-owned mill reported having concluded an export tender floated for 16,200 t billets (150*150mm, 4SP/5SP grade). According to SteelMint sources, the tender concluded a price level of $551-553/t, FoB. In the previously concluded tender (during mid-Feb ’21), the company achieved a price level of $540/t, FoB.