Indian billet export prices move up in a recent tender

An Indian mill reported having concluded 30,000 t (150*150mm, 3SP/4SP) bloom export tender, floated for spot sale. According to SteelMint sources, the company managed to achieve a price level of $430/t, FoB India, up by $5 against previously concluded tender. The shipment is likely to be scheduled by 31 Oct’20.