Author: Manish Vasdev
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Indian Billet Prices Stable; falling Global Market a Threat
Indian Billet prices seem to have find some support though falling prices in the global market remain a big threat. Prices of Billet, having sulphur and phosphorus content over 0.055%, are hovering in the range of INR 28,000/MT-30,000/MT (USD 450-485) ex-works. Prices have corrected upto INR 1,500-2,000/MT M-o-M. Falling offers from Chinese and CIS based…