“I don't see Billet manufacturers to hike prices before mid of Nov as demand has to rise further.
It is mainly used in rolling of structural, wires and re-bars which is indirectly used in construction purposes.
Fresh investments in real estate projects by Government is need of the hour”, said Mr. UVS Subrahmanyan, Senior Manager for Marketing at Bhushan Steel & Power Ltd, Kolkata, West Bengal.
“Output has been lowered by 15-20% and around 30,000 tons of Billet is produced in a month”, he added.
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