Author: Manish Vasdev

Indian billet prices have corrected by almost INR 2,000/MT (USD 30) in last two weeks making it trade at 2-months low. SteelMint’s latest assessment of induction grade billet is reported at INR 34,700/MT (ex-Mumbai), equivalent to USD 506/MT on ex-mill basis, excluding 18% GST, against a price level of INR 36,800/MT (USD 537), two weeks…