Author: Manish Vasdev
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Indian Billet Offers Fall Sharply
Over weak trades, Indian billet prices fell steeply by INR 800-1,500/MT (USD 12-24) in the last couple of days. Since the start of week, the trades are bearish in rebar which directly affected billet sales, hence prices has moved downward . On outlook prospect, the standalone billet manufacturers from Central & East regions added, looking…