Author: Prashasti Giri
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India: SteelMint billet index falls further on lower bids – 18 Aug
SteelMint’s daily steel billet index was assessed at INR 49,000/tonne (t) (- INR 450/t) exw-Raipur on 18 August, 2022. About 2,700 t of transactions were recorded today as against 1,150 t on 17 August. The index fell on account of lower bids following decline in finished steel prices. In addition a continuous drop in prices…