Tag: Raipur billet index

SteelMint: Billet index falls on continued weak finished steel demand – 5 Sep

Sep 5, 2022

—

by

Prashasti Giri

in Semi Finished

SteelMint’s daily steel billet index was assessed at INR 47,000/tonne (t) (- INR 500/t) exw-Raipur on 5 September, 2022. About 3,050 t of transactions were recorded today as against 400 t on 3 September. The index fell on account of persistent weak finished steel sales, which forced buyers or re-rollers to keep bids lower. Ultimately spot…