Tag: Chinese re-bar futures

Indian billet export trade has gained momentum this week amidst improved buying interest from China. A State-owned Indian steelmaker floated an export tender for spot sale of 30,000 tonnes (t) of steel blooms (150x150mm, 3SP/4SP grade). The tender was floated against 100% advance payment terms with the due date being 2 Sept’21. The shipment was…