Tag: India billet export
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India: Billets export market turns dormant on rising longs prices in domestic market
The Indian blast furnace (BF)-grade billet export trade continued to remain inactive and kept buyers at bay. As prices of long steel (rebar and wire rods) in India’s domestic markets have increased substantially, sellers were reluctant to sell at lower bids. Thus, a couple of Indian players remained out of the billet exports market. Steel…