Author: Manish Vasdev
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Indian billet index rose by over INR 1,000/t w-o-w, what is driving it?
SteelMint’s billet price index increased by over INR 1,000/t to INR 28,750/t, Exw Raipur on 24 July, as compared to the last week. Factors that increased prices are: Sponge iron prices have increased by INR 700-1,000/t over the week on the back of gain in iron ore pellet, fines and lump prices in the domestic…