Author: Manish Vasdev

Indian domestic billet prices have increased sharply yesterday on improved buying and production cuts. Current offers for induction grade billet of size 125*125 mm increased by INR 700-1,000/MT (USD 7-15) and last trades was reported at INR 25,300-25,500/MT (USD 393-395) ex-mill, Raipur. Eventually Raipur is the largest producer of induction grade billet in India. Domestic…