Author: Prashasti Giri

SteelMint’s daily steel billet index was assessed at INR 50,600/tonne (t) (-INR 500) exw-Raipur on 21 May 2022. About 1,850 t of transactions in billets were recorded today as against 3,850 t on 20 May. The index plummeted following lower bids as buyers resisted higher offers citing weak demand for finished steel products on higher…