Domestic billet manufacturers today have maintained their offers at the firm level, with an uptick of INR 50-150/MT D-o-D. However, trade activities have reported to be subdued in the starting of this week.
No price change has been registered in south Indian market. Current offers for 150×150 mm size are accessible in the range of INR 20,500-24,800/MT.
Current MS billet prices with changes
| Particular | Prices | D-o-D | W-o-W |
| Ex-Mandi Gobindgarh | 24,800 | +100 | +100 |
| Ex-Durgapur | 21,400 | +50 | -50 |
| Ex-Rourkela | 20,500 | -100 | -200 |
| Ex-Raipur | 21,300 | +50 | +150 |
| Ex-Ahmedabad | 22,900 | +150 | +600 |
| Ex-Jalna | 23,100 | 0 | -100 |
| Ex-Mumbai | 22,950 | -50 | -250 |
| Ex-Chennai | 23,100 | 0 | -450 |
| Ex-Hyderabad | 22,500 | 0 | 0 |
Prices in INR/MT
Source: SteelMint Research
Current trade dynamics
1. Shiv Shakti Steel in Hyderabad sold billet at INR 22,500/MT ex-plant.
2. Few manufacturers in Rourkela offered billet at INR 20,400/MT, but buyers are seeking material at INR 20,200/MT.
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