Tag: Indian billet export market update

Gujarat-based steel mills have concluded export tenders of around 20,000-30,000 t of induction furnace (IF) steel billets (100x100mm and 130x130mm, 3SP grade), reliable sources informed SteelMint. The destination is yet unknown, and the deals were heard concluded at around $595-$600/t on FOB levels for Dec’21 shipment.