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02 Jul
15:11

Indonesia demand helps Indian billet exports surge

Indian semi-finished product exports, the majority of which were billet, surged 176% on-year in March to 509,049 tonnes, Kallanish learns from Indian commerce ministry provisional data. They also rose 64% from the previous month. The average value of HS code 720719 billet exports was $520/tonne versus $396/t in March 2020 and $515/t in February 2021. Overall semis exports to Nepal in March rose 27% on-year to 102,482t and those to Indonesia soared 258% to 1…
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