SteelMint

Tag: Indian billet

  • Indian ocean billet export market subdued on bid-offer disparity

    Indian ocean billet export market subdued on bid-offer disparity

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    by

    Indranath Jha
    in

    Indian BF grade billets export market remained muted from the last few weeks on bid-offer disparities. Higher domestic realisations in finished steel, lesser allocations in exports and falling bids from overseas markets kept trades at bay. SteelMint’s bi-weekly price assessment for Indian billets export (150*150mm, 3SP/4SP, BOF route) stood at around $750-770/tonne (t) FOB on…