Vizag Steel, India's state-owned steel company, is opening the door to an export offer for a total of about 50,000 tons of billets, including 30,000 tons of 150mm 3SP/4SP billets. February January 9 is the deadline set for the offer, and the scheduled delivery time is February 25. In addition, 20.000 tons of 90mm specification billets are also invited to contract. The deadline set for this offer is January 10th, and the scheduled delivery time is February 26th. Deliveries are FOB delivery and 100% paid in advance.
In 2022, India's billet exports will experience a sharp decrease of about 70%. Following the lifting of export tariffs, Indian steel producers are trying to restart billet exports.