Tag: Billet Index

India: SteelMint’s billet index falls INR 200/t as weak demand weighs on prices – 3 Nov

Nov 3, 2022

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by

Prashasti Giri

in Semi Finished

SteelMint’s daily steel billet index was assessed at INR 45,300/tonne (t) (- INR 200) exw-Raipur on 3 November, 2022. The index trended lower on account of weak demand followed by poor offtake in finished steel products, which ultimately put pressure on semis prices. Spot billet trades of around 1,220 t were recorded today as against…