Author: Manish Vasdev

Improved demand amid prevailing positive sentiments have pushed Indian billets to touch one and half year high levels which was last reported in Sep’15. Today’s offer for 125*125 mm billet recorded at INR 24,400-24,500/MT ex-Raipur, INR 24,200-24,400/MT ex-Durgapur, INR 23,700/MT ex-Rourkela, INR 25,700-26,000/MT ex-Hyderabad & INR 26,700/MT ex-Mumbai, which is similar to prices in mid…