Author: Romil Sethi
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SteelMint: Raipur billet index plunges INR 800/t on lower bids – 3 Dec
SteelMint’s daily steel billet index is assessed at INR 40,200/tonne (t) (- INR 800) exw-Raipur on 3 Dec’21. About 2,720 t of transactions in billets were recorded by SteelMint today against 3,800 t on 2 Dec. The index fell sharply on account of lower bids following poor offtake of finished steel products. Trade discounts in…