Tag: Raipur billet index
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SteelMint: Raipur billet index drops further on limited bids – 24 May
SteelMint’s daily steel billet index is assessed at INR 46,400/tonne (t) (-INR 1,200) exw-Raipur on 24 May 2022. About 1,420 tonnes (t) of billets transactions were recorded today as against 2,600 t on 23 May. The index plummeted on account of lower bids due to poor offtake of finished steel products, which exerted pressure on…