Author: Manish Vasdev
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Will Indian Billet Prices Remain Firm?
Post communicating with market sources, manufacturers and participants in context to price scenario, SteelMint has inferred that domestic billet prices are fluctuating by INR 500-800/MT across major markets. And, it is anticipated that prices will remain range-bound at current levels of INR 18,400-21,600/MT due to stable imported offers, firm sponge prices including others. 1. Stability…