India: Billet offers edge lower in Jharkhand on moderate demand

  • Jharkhand-based steel mills happened to deal in around 1,600 t of billets at a price range of INR 53,600-53,800/t exw Ramgarh, as per sources.
  • Moreover, 1,400 t of P-DRI (FeM 78%) deals were confirmed at INR 34,500-34,700/t and around 1,100 t of C-DRI (FeM 78%/mixed) deals were reported at INR 36,600-36,700/t exw Ramgarh.

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