Tag: Indian billet export price
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India: Billet export prices range-bound, hike in Chinese bids fuels optimism
Indian billets exports prices have remained range-bound in the last one week. An Indian mill had concluded an export tender for 30,000 t of steel blooms (150x150mm, 3SP/4SP grade). According to market sources, the deal was concluded at around $590/t FOB. The shipment is scheduled within 45 days from the export agreement. SteelMint’s bi-weekly price…