Author: Manish Vasdev
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Indian Billet Prices Slip Further On Weak Inquiries
Billet prices across all major Indian markets have further lowered by INR 100-300/MT Today. Weak Inquiries has led the correction in prices according to manufacturers. Current offers for Induction furnace grade billet are assessed at INR 23,800-27,200/MT (USD 350-400) ex-works. In context to the raw material, sponge C-DRI prices have also fallen by INR 50-200/MT D-o-D…