Tag: Indian Billet Export

Vizag Steel, India’s state owned steel maker, had floated an export tender of 11,000 MT billet of size 90*90 mm for Nepal (via Road), which closed on 19th Dec’16. Company has received highest bid at around USD 380-385/MT (equivalent to INR 25,250/MT) on ex-plant basis. However, company has managed to negotiate to USD 395-396/MT (equivalent…