Author: Manish Vasdev
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Indian Billet Prices Corrected on Less Inquiries
The Indian billet manufacturers reported less purchase inquiries for the material following which they are reluctant to cut prices. In the last couple of days domestic billet prices reported fall of INR 300-600/MT (USD 4-9). Viewing in raw material price movement, sponge C-DRI prices fall up to INR 200/MT during the same time period and…