Billet offers remain range bound in most parts of the country. However, offers in South India show some upward move today by Rs 300/MT and that of Odisha reduce by the same.
Buying in finished market has not improved due to which requirement of the semi finished material has come down.
Buyers are losing interest looking at an unpredictable market scenario. They prefer to wait and see if sellers offer material at a lower price.
Traders said that buyers are taking limited quantity of the material and there is no extra demand.
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