The Indian domestic steel billet price fell by 600 rupees ($8) per tonne in the week to Friday December 14, but demand remained weak despite major price cuts in long and semi-finished products.
The price for Indian domestic billet stood at 31,000-31,200 rupees ($434-436) per tonne ex-mill on December 14, a drop of 600 rupees week on week from 31,600-31,800 rupees per tonne on December 7, according to Fastmarkets MB's...