Author: Romil Sethi
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SteelMint: Raipur billet index falls on limited bids – 1 Dec
SteelMint’s daily steel billet index is assessed at INR 41,000/tonne (t) (-INR 400/t) exw-Raipur on 1 Dec’21. About 1,030 t of transactions in billets were recorded by SteelMint today against 5,000 t on 30 Nov. The index moved down owing to poor buying with sharp price corrections in sponge iron along with declining prices in…