Author: Romil Sethi
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India: SteelMint’s billet index drops amid falling bids, limited trade – 28 Jan
SteelMint’s billet index fell by INR 150/tonne (t) to INR 47,350/t exw-Raipur on 28 January, 2023. The index decreased amid falling bids and limited bookings. Demand in semi-finished and finished long steel segments remained moderate. The northern region market remained slow which further weighed on prices. Buyers are reluctant to buy at higher prices due…