Author: Romil Sethi
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SteelMint: Raipur billet index rebounds despite limited trades – 1 Feb
SteelMint’s daily steel billet index is assessed at INR 48,600/tonne (t) (+INR 200) exw Raipur on 1 Feb’22. About 2,950 t of transactions in billets were recorded by SteelMint today against 3,450 t on 31 Jan. However, spot trades remained limited as buyers seemed cautious due to a significant rise in offers. Increasing raw material…