North India: Low carbon billet demand remains supported in Mandi Gobindgarh

Low carbon/premium grade billet rolled by patra/pipe mills, is trading at quite a premium price at INR 33,200-300/t on regular payment terms in Mandi. The local patra demand remained supported on account of constant hike in HR coil prices, which is hovering at INR 44,300-500/t, meanwhile patra price is learned at INR 35,500-36,000/t exw & excluding GST, FoR Mandi Gobindgarh.