Tag: Billet Market
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Indian Festive and Bank Holidays May Pull Down Billet Prices
Festive season, financial year closing, bank closure and dull finished steel demand are likely to further pressurize domestic billet makers in the coming days. Billet prices, post 2nd week of this month, have declined across India by upto INR 1,000/MT. Market participants expect further downfall by around INR 300-700/MT as buyers have postponed buying due to…