Author: Manish Vasdev
-
Indian Billet Prices Further Increase in 2nd Day of Week 52
Billet manufacturers have further raise their prices by INR 100-600/MT D-o-D across major markets. Purchase inquiries remain strong on hiked prices, sources report. Current offers for 100*100 mm billet are assessed at INR 22,500-26,300/MT (USD 330-385) ex-works, which was in the range of INR 22,400-25,700/MT (USD 329-378) on 19 Dec’16. Trade Updates 1. Chennai based…