Author: Romil Sethi
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SteelMint: Raipur billet index moves higher on optimistic trends, tight supplies – 5 Mar
SteelMint’s daily steel billet index is assessed at INR 57,450/tonne (t) (+INR 1,250) exw Raipur on 5 Mar’22. About 1,850 t of transactions in billets were recorded by SteelMint today as against 6,200 t on 4 March. Optimistic trends due to higher sponge iron and coal prices and active demand remain the major factors behind…