Tag: Billet offers
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MS Billet Market Dips over Low Finished Steel Sales
Viewing the limited sales activities taking place in finished steel market, Indian billet manufacturers have today plummeted their offers by INR 100-500/MT across major markets against the last day closing. On the flip side, input costs of Pig iron have upsurged by INR 1,000/MT, iron ore by upto INR 270/MT and imported scrap by USD…