Billet is quoted high in the range of Rs 300/MT to Rs 900/MT in a week's time due to power crisis in East & North India, production cut, shortage of material and supply issues. Buying remains absolutely weak.
Manufacturers in the following cities increase Billet price.
Kandla & Bhavnagar Rs 300/MT
Mumbai & Goa Rs 400/MT
Pune & Jaipur Rs 500/MT
Kolkata & Durgapur Rs 700/MT
Mandi Gobindgarh Rs 900/MT
Offers stabilize at Raipur, Bhilai, Bilaspur & Hyderabad
Prices correct in Jalna, Raigarh & Chennai by Rs 100/MT, 200/MT & Rs 300/MT respectively.
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