Author: Romil Sethi
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SteelMint: Raipur billet index rises INR 600/t on active demand, sponge supply concerns – 8 Dec
SteelMint’s daily steel billet index is assessed at INR 40,700/ton (t) (+ INR 600/t) exw-Raipur on 8 Dec’21. About 6,750 t of transactions in billets were recorded by SteelMint today against 5,650 t on 7 Dec. The index continued to rise following active demand as well as a slight supply shortage of sponge iron in…