Indian domestic secondary billet prices gained 500 rupees ($7) per tonne in the week to Friday November 1 due to long steel producers increasing their semi-finished steel buying.
Fastmarkets' price assessment for steel billet domestic, ex-works India, rose by 500 rupees per tonne to 26,500-26,700 rupees per tonne on November 1, compared with last week's 26,000-26,200 rupees per tonne ex-works. "Billet prices have...