Author: Abhishek Bhalla
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India: Mumbai Billet Prices Surge as Mills Operation Halt in Silvassa
Mumbai in Maharashtra which is the price trend setter and most active market in Western India has observed sharp hike in billet prices. Billet prices in Mumbai surged by INR 600/MT (USD 8) in a day over mismatched supply-demand, SteelMint learned from market participants. As per sources, the prices increase sharply was due to supply…