Author: Piyush S Verma
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India: Billet prices in Goa likely to increase on supply shortage
Goa based renowned billet manufacturing units (having total production capacity of around 700 t/day) who are also merchant suppliers, have put their plants under maintenance shutdown, credible sources reported to SteelMint. This has resulted in supply shortage of billets in the local market leading to price hikes by other suppliers. Notably, Goa’s billet capacity is…