India: Brahmaputra Metallics keeps billet price unchanged on sufficient orders in hand

Ramgarh (Jharkhand) based Brahmaputra Metallics has kept its billet price unchanged at INR 37,200/t exw. As per officials, they have sufficient domestic and export orders in hand and recent deals have been reported for Mandi Gobindgarh at INR 39,800-40,000/t FoR on advance payment, while export deals for over 1,000 t have been reported to Nepal at $506-508/t exw. The company expects an increase in offers by around INR 1,000/t in the coming days. It is a premium grade billet producer in eastern India having a capacity of 150,000 t pa.


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