Tag: Indian billet export tenders fetch bids at $540-550/t levels

Three billet export tenders by Indian state-owned mills, which expired this week, managed to fetch bids in the range of $540-550/t FOB, east coast India, SteelMint learned from market sources. Out of three, one lot of 30,000 t (150mm, 3/4sp) reported having been closed at $540-545/t FOB levels for Apr ‘21 Shipment. The second tender…