Author: Manish Vasdev

Domestic billet prices which were volatile since couple of weeks have fallen steeply by INR 300-800/MT in last 2 days. Weak domestic and export sales led to correction in Indian billet prices. Currently domestic billet offers for Induction furnace grade 100*100 mm are hovering at INR 23,800-27,300/MT (USD 370-425) ex-works which was traded 24,100-27,800/MT (USD…