Tag: India Billet exports
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Indian Bulk Billet Exports Fall 61% M-o-M in Jan’20
During Jan’20, bulk billet/bloom exports from India were recorded at 137,600 MT and witnessed an M-o-M drop of 61%. The same were at 352,110 MT during Dec’19. Reasons behind decline in exports are as below- Strong domestic demand- Indian mills remained active in domestic market amid decent demand resulting in fewer allocations for exports. For instance,…