Author: Pranjal Markale

Ruble is witnessing continuous depreciation against USD from past two weeks. On 17 Mar’20, Ruble slipped heavily to 76.8 against USD, to hit 5-year low mark. The event has managed to pull down the billet export offers from the country. Yesterday 18 Mar’20, the country was learned offering billets to the China at USD 395/MT, CFR, i.e.at…