India: Jharkhand-based mills conclude 3,400 t of billet deals

About 3,400 t of billets were sold by Ramgarh, Jharkhand-based manufacturers on ex-plant basis.

About 1,700 t of billets (low-carbon, patra grade) were confirmed sold at INR 47,200/t to Mandi Gobindgarh in Punjab. However, sellers later increased offers by INR 200/t to INR 47,400 exw.

The remaining 1,700 t of billets were sold in the local market and nearby regions at INR 47,000-47,200/t exw.


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