Tag: Domestic Billet Offers
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India: Rising Billet Offers Pushed the Rebars Offers Upwards
Since last couple of weeks the Semis finished steel i.e. sponge and Ingot/billet offers are constantly on rising mode. Hence, this have forced rebar producers to increase their offers even though demand is stagnant due to heavy monsoons in major parts of India. As per SteelMint price assessment, since the start of Aug 2017, domestic…