An Indian mill has concluded two ocean sale export tenders for 20,000 t of steel billets (90x90mm, C20MMn Gr. A) and 5,000 t of wire rods (5.5-16 mm, SAE-1008/ 1010/1012/1012S /1018). The due date for both tenders was 4 Mar’22 and the delivery is scheduled for 20 April. According to market sources, the billet deal was concluded at around $755-760/t FOB and wire rod at $785-790/t FOB.
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