Tag: Indian billet export market update

Indian billet export prices have soared in recent deals, going up by $25-30/t week-on-week (w-o-w) in a recent export tender hosted by a state-owned steel mill. The tender was for 30,000 t of billets of 4SP grade for the end-Dec’20 shipment. According to sources, the company managed to achieve a price level of $475-480/t, FoB India basis. The…