Author: Prashasti Giri

SteelMint’s billet index decreased marginally by INR 100/tonne (t) to INR 47,650/t exw-Raipur on 21 January, 2023. Billets prices dropped due to sluggish steel demand and limited trade. It seems that there is low acceptance of higher offers and buyers have moved to the sidelines, waiting for prices to fall. Transactions of around 900 t…