Author: Romil Sethi
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SteelMint: Raipur billet index slips sharply on continued weakness in demand – 22 Nov
SteelMint’s daily steel billet index is assessed at INR 40,950/tonne (t) (-INR 1,100/t) exw-Raipur on 22 Nov’21. About 1,900 t of transactions in billets were recorded by SteelMint today against 4,170 t recorded on 20 Nov. The index fell steeply in the wake of persistent weakness in demand in the spot market following poor offtake…