Billet offers in India show resistance

According to sources, power cut is unexpected to happen from tomorrow in Mandi Gobindgarh. Hence, Billet offers might increase.

Manufacturers in Raigarh expect marginal correction on negative market sentiments and those in Bhilai saw no inquiries the previous day. 

“Billet is being quoted by Rs 500/MT more from friday due to TMT price rise. Buyers volumes is good for both Billet and TMT”, shared a trader in Jalna.In Southern region, Billet at Coimbatore is available in less quantity, market has less strength and the material is mostly coming from Chennai


 


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