Billet
offers witness a marginal fall on poor demand and volatile market. With news
of Punjab Government to rise power price on Monday, sellers hold offers almost
unchanged anticipating some kind of rebound.
A
trader at Raipur, Chhattisgarh told about buyers preferring Ingot instead of
Billet because price difference is around Rs 1,100/MT. Billet is generally
used in making structural steels, which is under going a sluggish demand.