Indian Slab Exports at High Price on Active Buying

Recent Indian slab export tender managed to fetch bids higher by USD 5/MT against the previous tender. An Indian mill had floated an export tender for 30,000 MT Mild Steel Concast Slab of grade Q235B/SS400.

Trade sources stated that the tender has fetched bids at around USD 365-370/MT FOB, higher by USD 5 against the previous tender. The material shipment is scheduled for mid Jul'20 and thecargo will be shipped from east coast of India. A week back, an Indian slab export tender floated for