A state-owned Indian steelmaker has floated an export tender for spot sale of 30,000 t of steel blooms (150x150mm, 3SP/4SP grade). The tender floated is against 100% advance payment terms with the due date being 28 Jul’21. The shipment is scheduled by mid-Sept. According to market sources, the deal has been concluded at $628-630/t FoB.
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