Indian mill concludes 30,000 t bloom export through tender

As per the sources, an Indian state-owned mill has concluded another package of 30,000 t steel bloom (150x150mm, 3SP/4SP grade) for Sept’21 shipment at around $605/t FoB (full advance payment basis). Steelmint’s bi-weekly assessment for Indian billets stood at $600-605/t on 13th July. Vessel freight from India to SE Asia/China would be around $65-85/t.