Tag: Raipur billet index

India: SteelMint’s billet index falls INR 1,100/t on lower bids, weak finished steel sales – 16 Nov

Nov 16, 2022

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by

Prashasti Giri

in Semi Finished

SteelMint’s daily steel billet index was assessed at INR 41,200/tonne (t) (- INR 1,100/t) exw-Raipur on 16 November, 2022. The index dipped on lower bids and supply-demand mispatch on account of poor finished steel sales. Sources informed that, a majority of hot charging mills are actively selling billet in the spot market, which has created…