04
Mar
15:02
RINL billet prices surge further amid demand uptick
Owing to surging prices in the global market, coupled with panicked sentiment amid the Russian invasion of Ukraine, Indian mills are seen rapidly hiking steel prices.
India’s Rashtriya Ispat Nigam (RINL) has concluded its recent ocean export tender for 90mm C20MMn Gr. A grade billet at $757.5/tonne fob India. The cargo is destined to East Africa, sources inform. This follows the previous tender concluded for the same grade at $662/t fob India on 15 Febr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous