Author: Lalita
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India: SteelMint’s billet index sees 20% m-o-m rise in trade volumes in November
SteelMint’s induction furnace (IF) mild steel billet index that monitors price movements in the key central Indian market of Raipur in Chhattisgarh saw a 20% increase in trade volumes in November to 75,510 tonnes (t) compared to 62,950 t seen in October. Trade volumes rose m-o-m on moderate demand at lower prices. According to buyers,…