Author: Romil Sethi
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SteelMint: Raipur billet index falls slightly despite improved trades – 6 Dec
SteelMint’s daily steel billet index is assessed at INR 39,700/tonne (t) (- INR 50/t) exw-Raipur on 6 Dec’21. About 6,850 t of transactions in billets were recorded by SteelMint today against 2,000 t on 4 Dec. Although the index fell, trade volumes improved in the spot market in the expectation that prices have bottomed out,…