Author: Prashasti Giri

SteelMint’s daily steel billet index was assessed at INR 44,000/tonne (t) (+ INR 700/t) exw-Raipur on 7 December, 2022. The index moved up following an improvement in finished steel demand specially wire rods. Hence, a majority of re-rollers have taken positions to secure raw material, resulting in an increase in spot trade volumes. Billets transactions…