Tag: Billet export price
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India: Subdued bids weigh on billet export market sentiments
Falling steel and scrap prices globally continue to weigh on Indian billet export prices. As per market sources, Indian primary mills are still looking for price levels of around $610-620/t FOB, considering cost of production. However, the price levels are not in line with the current market scenario. Deals have dried up due to low…