Author: Rounak Gairarey
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SteelMint billet index increases by INR 900/t, trades improve- 16 Dec
SteelMint daily billet index has been assessed at INR 37,400/t (+900), exw Raipur on 16th December, 18:00 IST. The index registered a sharp surge in price today. Prices increased after yesterday’s meeting of industry association in order to increase conversion spread of induction operators. Out of the total volume traded today in Raipur, nearly 40%…