Tag: India billet price
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India: Billet export price indications drop further on competitive offers, low demand
Indian BF-grade billets export price indications fell further on competitive offers from Indonesia, Iran and CIS. However, low demand has continued to weigh on trade. SteelMint’s bi-weekly price assessment for Indian billets exports (150*150mm, 3SP/4SP, BOF route) stood at around $695/tonne (t) FOB on 17 May 2022, down $10/t w-o-w. Factors weighing on Indian billet…