“Billet is being quoted by Rs 500/MT more at Hyderabad. On account of Islamic festival, power is being available for only around a couple of days in a week which was four days prior to this. Demand for Billet is moderate”, said a Hyderabad based manufacturer.
Billet is being traded low by Rs 300/MT at Mandi and Rourkela. Whereas, a rise by Rs 300/MT is witnessed in Goa.
A trader at Mandi sold around 200 tons of material and reported that on expectations of SAIL to cut HR & CR offers, Billet is being quoted at low price.
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