Tag: Billet export price
-
India: Billets export price indications drop on falling bids
Falling bids and drop in global scrap prices continued to weigh on global billet prices. An Indian steelmaker floated an ocean sale export tender for 30,000 t of steel blooms (150*150mm, 3SP/4SP) in end-Apr’22. According to sources, the tender received bids at around $700/t FOB. SteelMint’s latest assessment of Indian billet export prices are at…