Author: Rounak Gairarey
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SteelMint: Billet index records total trading volume of over 94,000 t in May
The total trading volume recorded by SteelMint’s daily Raipur billet index in May’21 stands at 94,450 t, slightly lower than over 0.1 mn t in Apr. Through the month, induction route billet prices came under pressure due to weakening demand from re-rollers. Prices slumped not only in central India but also in other major markets…