Author: Manish Vasdev

Indian billet exporters turn inactive as domestic realizations are better than exports. Billet prices in domestic market have increased by around INR 1,500-2,000/MT (USD 23-31) in last few days owing to rising Iron ore & Scrap prices and improved demand. Current prices for 100*100/125*125 mm billet are hovering at INR 35,500/MT (USD 555) on Ex-Mumbai…