Author: Prashasti Giri
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India: SteelMint’s billet index drops further on lower bids, dull demand – 11 Mar
SteelMint’s daily steel billet index was assessed at INR 46,250/tonne (t) exw-Raipur on 11 March, 2023, a decrease of INR 350/t d-o-d. The index fell further on account of lower bids and weak spot trades following moderate demand for steel products due to sufficient stocks at mills. Dull demand for semis weighed on spot billet trades, which fell to…