Author: Rounak Gairarey

SteelMint billet index increases by INR 550/t on higher sponge iron prices – 4 Nov’20

Nov 4, 2020

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by

Rounak Gairarey

in Billet

SteelMint daily billet index has been assessed at INR 33,150/t (+550), exw Raipur on 4th November, 18:00 IST. The prices rebound on account of increase in sponge iron offers by INR 300-400/t, d-o-d. Total of about 3,500 t billet trades recorded today, as against 3,300 t on yesterday (i.e.3rd Nov). This index has been derived…