Author: Manish Vasdev

SteelMint billet index increases by INR 50/t on higher sponge iron prices- 31 Oct’20

Oct 31, 2020

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by

Manish Vasdev

in Billet

SteelMint daily billet index has been assessed at INR 31,600/t (+50), exw Raipur on 31st October, 16:00 IST. The prices rebound on account of increase in sponge iron offers by INR 200/t, d-o-d. Total of about 2,050 t billet trades recorded today, as against 2,600 t yesterday (i.e. 30th Oct). This index has been derived…