Tag: Billet Price in Indian Market

Central India based billet makers have get some relief as supply of billet from Raipur has increased to western market. MS billet supply has become viable from central to western market on account of cheaper offers being provided by Raipur based manufacturers. A broker based in Wada (Mumbai) reported, “Supply of MS billet from Raipur to Wada has improved as mill operators are getting material at cheaper rates by around INR 600-800/MT compared to local market.” Mumbai and Jalna based manufacturers are offering billet at INR 21,600/MT, ex-works. While, Raipur based makers are delivering material to Jalna and Mumbai…