Tag: Billet Index

India: SteelMint’s billet index declines INR 1,200/t amid demand concerns – 23 Nov

Nov 23, 2022

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by

Prashasti Giri

in Semi Finished

SteelMint’s daily steel billet index was assessed at INR 41,000/tonne (t) (- INR 1,200/t) exw-Raipur on 23 November, 2022. The index dropped further due to lower bids and on demand concerns in the spot market amid weak finished steel sales at prevailing offers. A majority of participants are cautious about bulk purchases due to significant…