Tag: Indian billet export market update

Indian IF based billet producers explore the export market as prices drop to a 1.5 month low

Jan 27, 2021

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by

Pranjal Markale

in Billet

Indian billet (IF) prices dropped by over INR 4,400/t ($61/t) in the last 15 days Spread between BF and IF export prices widen significantly, making room for exports The secondary Indian mills have turned active in the export market on sluggish domestic demand. Since the beginning of Jan ’21, the domestic billet prices have started…