Author: Prashasti Giri

SteelMint’s billet index rose sharply by INR 700/tonne (t) to INR 45,800/t exw-Raipur on 14 February, 2023. The index jumped on the back of strong buying at increased price levels. However, finished steel sales continue to remain subdued. The hike in prices in the northern region also supported semi-finished steel prices. Transactions of 3,470 t…