Author: Rounak Gairarey
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SteelMint: Raipur billet index rises by INR 850/t despite drop in trade volumes – 24 Dec
SteelMint’s daily steel billet index is assessed at INR 42,800/tonne (t) (+INR 850) exw-Raipur on 24 Dec’21. About 3,800 t of transactions in billets were recorded by SteelMint today against 5,220 t on 23 Dec. Although the index increased, trade volumes continued to drop as buyers turned cautious. Market participants informed that compared to 23…