Tag: billet price hike
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India: PELLEX remains firm as activity picks up in semi-finished steel segment
Cautious optimism prevails amid need-based buying Semis, billet prices surge by INR 800-1,100/t w-o-w Pellet prices in Raipur remained supported in recent days, with a few trades seen in neighbouring markets, as buying interest improved amid a recovery in sponge iron and billet prices. The recent hike in these segments provided much-needed support to pellet…