Author: Manish Vasdev

The price gap between ingot and billet has increased by INR 300-400/t to around INR 1,000/t in Raipur and Raigarh as against INR 500-700/t in mid-Jul’21. Decreasing billet supplies in the spot market as well as active demand from the wire rod mills resulted in an increase in the price gap. Recently, three plants in…