Author: Romil Sethi

SteelMint’s billet index decreased marginally by INR 150/tonne (t) to INR 47,350/t exw-Raipur on 25 January, 2023. Billet prices dropped due to sluggish steel demand and limited trade. It seems that there is low acceptance of higher offers and buyers have moved to the sidelines, waiting for prices to fall. Transactions of around 2,300 t were recorded today…