Author: Prashasti Giri
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India: SteelMint’s billet index falls amid subdued demand, falling prices – 17 Jan
SteelMint’s billet index decreased at INR 48,200/tonne (t) (-INR 350) exw-Raipur on 17 January, 2023. Billets prices declined on lower offers by sellers and moderate trading activity was observed. Due to the current uncertainties in prices buyers are wary of higher prices and hence there is less acceptance of higher offers which in turn helped…