Author: Prashasti Giri
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India: SteelMint’s billet index rises over 10% following removal of export duty – 19 Nov
SteelMint’s daily steel billet index was assessed at INR 44,000/tonne (t) (+ INR 4,100/t) exw-Raipur on 19 November, 2022. The index jumped by over 10% following the removal of export duties on steel and key raw materials for steelmaking. Amid expectations of an optimistic trend with duty removal, suppliers floated higher offers. Several deals took…