Tag: MS billet price
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MIP Imposition Drives Up Indian Billet Market
Today, MS billet prices have surged sharply by INR 500-1,000/MT over government’s new initiative of MIP imposition on specific steel products. MS billet prices in domestic market seems to be moving towards positive side. Today, market has shown good recovery as prices have surged by INR 500-1,000/MT across major Indian markets. The rise in prices…