Author: Romil Sethi
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SteelMint: Raipur billet index sees trade volumes fall by 7% in Nov’21 on weak steel demand
SteelMint’s domestic induction furnace billet (100x100mm) index for the Raipur market witnessed a downtrend during Nov’21, with trade volumes dropping by over 7% to 84,855 t compared to 91,525 t in Oct. In comparison with Sept, however, trade volumes fell even more steeply by 18%. The index slipped during the month on softening steel market…