Author: Lalita
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SteelMint billet index sees trade volumes decreasing by over 7%, m-o-m, in August
SteelMint’s induction furnace mild steel billet index that monitors price movements in the key central Indian market of Raipur in Chhattisgarh saw a 7.2% m-o-m decline in trade volumes in August to 73,620 tonnes (t) from 79,350 t seen in the previous month. Weak demand and sluggish finished steel sentiments weighed on billet trading activity.…