Tag: Indian billet export market update

Export allocations from the primary mills continue to remain limited. Two western India based secondary mills booked 6,000 t and 5,000 t billets at $545/t and $550/t, respectively, on an FoB India basis, for Africa destination. SteelMint’s bi-weekly assessment for Indian billet export offers (150*150mm, BF route, FoB East coast) is $560-570/t, up by $10-15/t,…