Indian mill concludes another 30,000 t billets export through tender

An Indian state-owned mill is reported to have concluded another parcel of 30,000 t of billets of size 150*150mm, BF route, 4sp grade for Sept’21 shipment at around $595-600/t FoB east coast (against advance payment), SteelMint learnt from market sources. This is the third parcel the mill has booked this week. Vessel freight from India to SE Asia/China would be around $65-85/t.