Author: Manish Vasdev
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India: Billet Prices Surge by 6-8% in Dec’16
In Dec’16, billet prices have gain momentum by INR 1,000-2,000/MT (USD 15-30) M-o-M, hike by 6-8%. Major price rise were recorded in Central, East, West & Northern India, while a slight price uptick have seen in South region by INR 700-800/MT. Less supply due to production cut and improved demand led to increase in Indian…