Author: Rounak Gairarey

Indian billet prices surged upto INR 1,500/MT (USD 21) today following improved spot trades in major markets. As per mid sized mills, buying inquiries were quite healthy as traders actively booked material, this led to constant rise in prices since couple of days. In line rebar prices increased by INR 300-1,800/MT (USD 4-25) & Sponge…