Tag: India Billet exports

  • Indian billet export trade subdued on lower bids

    Indian billet export trade subdued on lower bids

    Indian billet export prices remained under pressure on the heels of the volatile Shanghai Futures Exchange (SHFE) rebar market. Recently, an Indian state-owned mill reportedly sold around 18,900 tonnes (t) of steel blooms (200*280mm) through an export tender. According to SteelMint sources, the tender was concluded at around $610/t, FoB basis, for Aug ’21 shipments,…