Author: Romil Sethi
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India: SteelMint’s billet index drops marginally amid moderate trading activity – 7 Mar
SteelMint’s billet index decreased by INR 250/t d-o-d to INR 46,500/tonne (t) exw-Raipur on 7 March, 2023. Billets prices decreased marginally amid moderate trading activity seen at lower price levels. Demand for semi-finished and finished long steel remained low due to the Holi festival. Also, there seems to be low acceptance for the higher offers…