Author: Rounak Gairarey
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SteelMint billet index rallies by INR 1,100/t, trade volumes at 1.5-month high – 28 May
SteelMint’s daily billet index has been assessed at INR 41,300/t (+1,100) exw Raipur on 28th May’21, 18:00 IST. The index rebounded following optimistic trends in China amid a recovery in iron ore & steel futures. This has fuelled demand today. Thus, billet makers managed to raise offers and increased offers witnessed an acceptance from rolling…