Tag: Indian billet export market
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Indian billet export market remains silent on reviving domestic prices
The majority of Indian primary mills continued staying away from the global billet market for this week as well, on falling USD against INR supported by improving realizations in the domestic market. Yesterday, INR appreciated to 72.7 against $, versus over 75 in mid-Aug’20. Owing to this, Indian mills have raised finished steel prices sharply…