Billet prices in India stay at almost similar levels. Market traders report that sellers are reluctant to sell at lower prices, other than current levels amid low production.
“Manufacturers are unwilling to sell at lower levels and current offers for Billet stand at Rs 30,800/t (Ex works Raipur) and Rs 30,200/t (Ex works Raigarh) respectively,” said a broker based at Raipur, Chattisgarh.
Billet prices in Mumbai and Hyderabad corrected marginally on weak demand.
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