Author: Prashasti Giri
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India: SteelMint’s billet index rises on strong demand – 16 Dec
SteelMint’s daily steel billet index increased to INR 43,800/tonne (t), up by INR 450/t d-o-d exw-Raipur on 16 December, 2022. The index increased sharply based on positive market sentiments which were backed by good buying at higher offers. Demand for semis and finished steel has also improved. Also, the resurgence in buying in the northern…