Sellers in Mandi offer Billet at lower prices on expecting further price fall but traders in Raipur anticipate some bookings as buyers have limited stock. Being a Saturday, markets witness few inquiries with rains impacting demand in Rourkela and Kerela.
Traders in Indore expect buying to
improve if offers reduce. A Hyderabad based manufacturer said prices should stabilize but may rise on good buying. Market in Tamil Nadu is moderate and supply of Billet to Kerela has reduced from Coimbatore. Strength in Dollar is also impacting markets.
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