Author: Manish Vasdev
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Indian Billet Market Dull Amid Unchanged Excise Duty
With no major announcement in the union budget FY17 for the steel industry, today MS billet prices opened with marginal corrections of INR 200-300/MT from previous closing. Meanwhile, south market like Chennai fell by INR 400/MT on account of subdued demand. However, sources today reported that billet buying in Durgapur (West Bengal) is comparatively better…