Author: Romil Sethi
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SteelMint: Raipur billet index drops further on limited bids – 3 May
SteelMint’s daily steel billet index is assessed at INR 55,100/tonne (t) (-INR 900) exw-Raipur on 3 May 2022. About 2,400 tonnes (t) of transactions in billets were recorded by SteelMint today as against 6,500 t on 2 April. The billet index plummeted on account of lower bids due to poor offtake of finished steel products,…