Tag: CIS Billet
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Indian Billet Prices under pressure on Weak Export Demand
Indian Billet prices will remain under pressure owing to weak demand from the global market. As observed, last export tender of 85,000 MT Billet/Bloom by Vizag Steel received bids lesser than USD 20-30/MT from previous tender. If situtaion prevails like this, large manufacturers will be forced to cut their prices and sell the material in…