Author: Prashasti Giri

SteelMint’s billet index fell by INR 250/tonne (t) to INR 46,350/t exw-Raipur on 4 February, 2023. The index dropped amid falling bids and limited bookings. Demand in semi-finished and finished long steel segments remained moderate. The market in the northern region remained slow which further weighed on prices. Buyers are reluctant to buy at higher…