Indian Mill Concludes 30,000 MT Billet Export Tender

A government of India owned steel maker under the Ministry of Steel had invited an ocean export tender for 30,000 MT bloom.

According to sources report to SteelMint, the company has concluded the bloom (IS 2830 grade) export tender. The material offered has specifications - C-0.12-0.23%, Mn - 0.3-1.5%, Si- 0.4% max, P-0.045% max & S-0.045% max. The deal value was reported to be USD 380/MT, FoB.

Prior to this, the company had concluded two billet export tenders of size 150*150 mm and quantity; 30,000 MT in Sep'19 only. The deal value for both the tenders was reported to be USD 380/MT, FoB.