Author: Romil Sethi
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India: SteelMint’s billet index falls further on weak finished steel demand – 12 Nov
SteelMint’s daily steel billet index was assessed at INR 43,450/tonne (t) (-INR 150) exw-Raipur on 12 November, 2022. The index dropped further following weak demand in finished steel products along with a slight rise in inventories with the suppliers. In addition, the key factor behind the sluggish trends was a sharp fall in steel prices…