Indian mill concludes 18,900t billet export tender

Indian mill sells 18,900 t steel bloom through export tender

An Indian mill reportedly sold around 18,900 t of steel bloom (200*280mm) through an export tender recently. According to SteelMint sources, the tender was concluded at around $610/t, on FoB basis, for Aug’21 shipment, with a South East Asian nation being the most likely destination. SteelMint’s bi-weekly assessment for Indian billets (150*150mm, BF route, FoB east coast) was at $605-610/t, FoB, on 22 Jun.


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