Tag: India billet export
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Lower bids weigh down Indian ocean billet exports sentiments
Indian BF-grade billets export market has remained subdued since the past few weeks on low bids and lower-than-expected realizations, given the higher domestic prices. SteelMint’s bi-weekly price assessment for Indian billets exports (150*150mm, 3SP/4SP, BOF route) stood at around $750-770/tonne (t) FOB on 19 April 2022, stable w-o-w. An Indian mill was heard to have…