Billet trading volumes remain limited across the country.
“Billet markets in Tamil Nadu unexpected to show some improvement in near term as 35 % power cut continues and furnaces are operational for close to fifteen days only.
There is a limitation of units a plant can use each month. Billet offers rise by Rs 500/MT today”, said manufacturers.
“Billet price at Mandi Gobindgarh increases by Rs 400/MT on high power tariff”, said a Mandi based trader.
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