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22 Nov
07:44

Italy, Malaysia demand drives up Indian billet exports

Indian semi-finished product exports, the majority of which were billet, increased 21% on-year in September to 267,204 tonnes, rebounding from their August slump, Kallanish learns from Indian commerce ministry provisional data. Their average value was $416/t versus $500/t in September 2018. The increase came despite a -44% slump in shipments to largest market Nepal to 61,266 tonnes. Exports to Italy and Malaysia, however, surged 245% and 214% resp…
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