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19 May
13:33

Indian billet exports surge in February

Indian semi-finished steel exports, the majority of which were billet, jumped 35% on-year in February to 310,155 tonnes, according to Indian commerce ministry provisional data seen by Kallanish. They were also up 6% from January. The average value of HS code 720719 billet exports was $515/tonne, up from $409/t in February 2020 but down from $520/t in January. Nepal remained the largest buyer of overall semis, increasing intake by 20% on-year in February to 1…
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