Author: Prashasti Giri

SteelMint’s billet index fell by INR 400/tonne (t) to INR 46,800/t exw-Raipur on 2 February, 2023. The index dropped amid falling bids and limited bookings. Demand in semi-finished and finished long steel segments remained moderate. The northern region market remained slow which further weighed on prices. Buyers are reluctant to buy at higher prices due to fluctuating trends…