Tag: billet monthly prices
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Indian Billet Prices Driven Down by Weak Market Sentiments in May’16
Domestic billet prices during May’16 driven down by persistent lack of demand in the market. On monthly average basis, prices have declined steeply by INR 900-1,200/MT. In Mumbai, prices showed major corrections of INR 1,200/MT to INR 23,200/MT, followed by Raipur at INR 21,550/MT (-950). Prices in both Durgapur and Rourkela dipped by INR 900/MT; accessible at INR…