Author: Manish Vasdev
-

Indian Billet Prices Bottom Out on Thin Conversion Spread
Indian billet prices during the 1st half of current month fell by upto INR 1,000/MT and conversion spread also narrowed down by INR 500-1,500/MT. Indian billet makers have been tussling with immense pressure since last 15 days. Amid seasonal weak trades, billet prices in major producing markets like Raipur, Durgapur, Rourkela, Mumbai and Hyderabad have…