Author: Aditi Raj
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Indian Billet Prices Continue to Remain Volatile Post Safeguard Duty
Domestic billet prices, which recently surged around INR 700/MT post imposition of safeguard duty, have rolled back today amid limited buyers in local market. Alongside, upcoming holidays for 1-2 days are going to affect domestic market activities. There will be a slowdown in production, which could lead to halt in dispatches and payments. Market participants…