Tag: Raipur billet index
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SteelMint’s billet index drops by INR 250/t on demand concern; hits 4-month low- 18 Oct
SteelMint’s daily steel billet index was assessed at INR 46,750/tonne (t) (- INR 250/t) exw-Raipur on 18 October, 2022. The index remained down; recording a four-month low. Notably, the previous lowest of INR 46,600/t was recorded on 21 June, 2022. Ongoing slow finished steel sales continued to weigh on semis prices in the major locations.…