Author: Prashasti Giri

SteelMint: Billet index plummets by INR 3,000/t ($39) post govt’s revision in duty structure – 23 May

May 23, 2022

—

by

Prashasti Giri

in Semi Finished

SteelMint’s daily steel billet index was assessed at INR 47,600/tonne (t) (-INR 3,000) exw Raipur on 23 May 2022. About 2,600 t of transactions in billets were recorded today as against 1,850 t on 21 May. The index fell further on account of sluggish trends due to recently imposed export duties and revision of import…