Tag: Indian billet export market
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Indian billets export market silent despite Chinese buying interest
The Indian billets exports market remained quiet with a few recent tenders fetching less active responses. Bid-offer disparities, higher domestic realisations have kept Indian mills away from concluding billet export deals, SteelMint understands. Indian mills were eyeing $620-630/t, FOB levels for 150mm, 3SP BOF route billets, sources highlighted. However, due to freight rates and competitive…