Author: Prashasti Giri
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India: SteelMint’s billet index slides further amid subdued demand – 7 Feb
SteelMint’s billet index dropped INR 350/t to INR 46,050/tonne (t) exw-Raipur on 7 February, 2023. Billet prices fell on declining steel prices and limited buying. Buying in the semi-finished and finished long steel segments remained weak today. In north India, the market witnessed a continuous downtrend which impacted prices. Transactions of 2,300 t were recorded…