Author: Manish Vasdev
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Indian Billet Manufacturers Cut Prices on Fewer Inquiries
In the Indian domestic market billet prices again slide by INR 100-400/MT D-o-D. The manufacturers reported poor off take as well less purchase by rolling mill operators. Billet offers on 11th Jan’17 reported at INR 23,700-26,900/MT (USD 348-395) ex-works, which was at INR 24,000-27,200/MT (USD 352-400) on 10 Jan’17. Trade Updates 1. Raipur based manufacturers…