Author: Prashasti Giri
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SteelMint’s billet index drops as market activity subsides – 27 Oct
SteelMint’s daily steel billet index was assessed at INR 46,800/tonne (t) (- INR 500/t) exw-Raipur on 27 October, 2022. The index fell sharply as trade participants remained inactive along with poor offtake of finished steel products. As per sources, due to limited availability of workforce with re-rollers, buyers are less active in book material, which…