UTC+8 ( BJT)

Indian billet export offers up despite limited allocations

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, w-o-w.
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. Amid limited export allocations from primary mills, it has been reported that 11,000 t IF grade

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