Author: Manish Vasdev
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Snapshot of Indian Billet Market in Aug’16
During Aug’16, Indian billet offers remained under pressure as demand was not much supportive amid off sales season. On monthly average basis, Indian billet prices fell slightly by INR 100-600/MT (upto 3%) in Aug’16. However, a steep price corrections of upto INR 1,500/MT (7%) were recorded in Jul’16. In the month of Aug’16, both rolling…