Indian mill concludes 20,000 t billet export tender

An Indian state-owned reportedly sold 20,000 t BF rote billets (90*90mm, C20MMn Gr.A) through a tender floated for June ’21 shipments. According to SteelMint sources, the mill achieved a price level of $635-640/t, FoB India. SteelMint’s bi-weekly assessment for Indian billets (150*150mm, BF route, FoB east coast) is trading at an all-time high at $625-630/t on a recent deal