Indian domestic secondary billet prices continued to be subdued during the week ended Friday November 29 with makers of long steel products reducing their purchases of semi-finished material.
The price of steel billet domestic, exw India, assessed by Fastmarkets on November 29, dropped by 100 rupees per tonne week on week to 26,000-26,200 rupees ($364-367) per tonne, compared with 26,100-26,300 rupees per tonne."Long product makers are not buying...