Author: Romil Sethi
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India: SteelMint’s billet index drops as trade volumes shrink – 18 Mar
SteelMint’s billet index decreased by INR 200/t to INR 45,900/tonne (t) exw-Raipur on 18 March, 2023. The index dropped amid falling bids and limited bookings. Demand in the semi-finished and finished long steel markets remained moderate. In north India, the market was slow which further weighed on prices. Buyers were reluctant to buy at higher…