Author: Prashasti Giri
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India: SteelMint’s billet index drops INR 100/t on subdued demand – 20 Mar
SteelMint’s billet index decreased by INR 100/t d-o-d to INR 45,800/tonne (t) exw-Raipur on 20 March, 2023. The index slipped amid decline in bids and limited bookings. Demand in the semi-finished and finished long steel markets remained moderate. In north India, the market was slow which further weighed on prices. Buyers were reluctant to buy…