Author: Manish Vasdev

In the last couple of days Indian billet prices shrink by INR 500-1,000/MT (USD 7-15) across major markets. The prices have fallen due to weak trades in long steel specifically in rebar. With the steep fall, the offer price for billet are reached – at INR 27,800-28,000/MT (-500) ex-Raipur, 27,600-27,800/MT (-400) in Durgapur, INR 29,800/MT (-700)…