“Buying activities in Billet have been good in Mumbai (Maharashtra) due to which prices have sustained at same levels.
Around a week back, a new plant has started operations and has a per day production capacity of 1,000 tons of re-bars, which has also resulted in improved demand of the semi finished material.
Offers stand at Rs 31,900/MT (ex works Mumbai) and Billet is slightly more expensive to ingot now”, said traders.
In Durgapur (West Bengal), Billet makers met with sales in good volumes at Rs 34,500/MT (Including all).
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