Author: Lalita
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India: SteelMint’s billet index sees 26% m-o-m fall in trade volumes in October
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 26% decrease in trade volumes in October to 62,950 tonnes (t) compared to 84,906 t seen in September. Trade volumes fell m-o-m due to lower bids and limited buying in the…