Tag: Billet Prices

Domestic billet is currently trading at a 3-month high level with steep price rise of INR 1,100-1,500/MT W-o-W across major markets. INR depreciating to 66/USD, slight improvement in domestic demand and expected imposition of safeguard duty are catalyzing Indian billet markets; prices hiked upto INR 1,500/MT in a week. Currently, billet prices across major markets…