Author: Rounak Gairarey
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India: Billet price in Raipur rebounds on renewed buying from Hyderabad
Hyderabad-based re-rollers have resumed purchases of billet after a few days gap, SteelMint learned. A hefty volume of purchases has been reported from Raipur, Central India due to a shortage in the local market of Hyderabad. As per trade sources, over 2,000 t billet deals have concluded today at INR 36,700-36,900/t exw Raipur, equivalent to…