Tag: Indian billet export market silent on wide bid-offer spread

The Indian billet exports market remained silent on high bid-offer disparities. The two state-owned mills floated export tenders for around 48,000 tonnes (t) of blooms and billets which were due on 4 June’21. According to SteelMint sources, the tenders received bids in the range of $590-600/t FoB, while mills are not ready to sell below…