Indian Billet offers show resistance  

Mandi
Gobindgarh: 
Material shortage 
due to less
production.

 In Raipur 1,300
tons of material sold yesterday. Se
llers unwilling to cut rates on power cut in U.P. and Rourkela sales of 400 tones was made.

Payments and power
cut issues seen in 
Durgapur and offers rise in line with Ingot price in Hyderabad. Sales of  4,000-5,000 tons seen last. 

Market in Chennai is decent. Purchases expected at
increased offers due to shortage of material. Power supply in
the South is also less. Whereas, no
 inquiries seen in Jalna

Sales is decent in Goa and Demand improves slightly  in Kandla. .


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