Author: Prashasti Giri
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India: SteelMint’s billet index drops further on low bids, sluggish trends – 7 Nov
SteelMint’s daily steel billet index was assessed at INR 44,250/tonne (t) (- INR 450) exw-Raipur on 7 November, 2022. The index continued the downtrend as bids continued to fall on account of a slight increase in stocks with the majority of suppliers, which led to the constant drop in steel prices. Thus, despite a slight…