Author: Prashasti Giri
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India’s billet price index climbs to 6-month high. Will the rally sustain?
Production cuts keep induction based billet prices supported Higher coal auction prices, tight scrap supply propel prices Weak global sentiments to weigh on domestic steel tags Morning Brief: In a significant recent development, India’s induction furnace billet index, monitored by BigMint for the key secondary steel market of Raipur in central India, has drifted up…