Author: Manish Vasdev
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SteelMint billet index increases by INR 1,000/t on rising sponge offers- 31st Aug
SteelMint billet index (Exw Raipur) has been assessed at INR 30,250/t (+1,000), Exw Raipur on 31st August, 18:00 IST. This index has been derived based on transactions, offers, bids, and indicative price data sets. Transactions are considered as T1 and given a weightage of 50% whereas other data sets are considered as T2 and given…