Author: Romil Sethi
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India: SteelMint’s billet index drops further on weak finished steel sales – 3 Dec
SteelMint’s daily steel billet index was assessed at INR 42,100/tonne (t) (- INR 400/t) exw-Raipur on 3 December, 2022. The index fell on account of limited and low enquiries due to weak demand for finished steel products. Hence, the purchase of raw materials remained affected, resulting in the fall in spot trades of sponge iron…