Author: Prashasti Giri
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India: SteelMint’s billet index drops as trade volumes shrink – 8 Feb
SteelMint’s billet index fell by INR 300/tonne (t) to INR 45,750/t exw-Raipur on 8 February, 2023. The index dropped amid falling 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 are reluctant to buy at higher…