Author: Rounak Gairarey
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SteelMint’s billet index falls even as trade volumes improve – 14 Jun
SteelMint’s daily billet index is assessed at INR 42,400/t (-400/t), exw Raipur, on 14 Jun’21. While the index dropped, transaction volumes improved, posting around 3,100 t of total trades today against 1,100 t on 12 Jun. The index continues to drift downwards owing to low bids quoted by re-rollers amid limited finished steel demand. Meanwhile,…