Author: Manish Vasdev

  • Indian Billet Offers Up – Conversion Spread Improved Slightly

    Indian Billet Offers Up – Conversion Spread Improved Slightly

    Billet manufacturers in across major Indian markets have slightly raise prices by INR 100-300/MT, D-o-D. Decreased production and better demand led to increase in prices. Current offer are – INR 21,000/MT ex-Raipur, INR 20,500/MT ex-Rourkela, INR 21,300-21,500/MT in Durgapur, INR 23,200/MT ex-Mumbai, INR 23,000/MT ex-Hyderabad & INR 24,000/MT ex-Chennai. Trade participants reported that there is…