Local secondary billet prices in India fell by about 900 rupees ($13) per tonne this week on account of reduced inquiries and minimal buying from finished product makers
The price assessment for domestic secondary billet in India (mainly produced via an induction furnace) stood at 35,800-36,000 rupees per tonne ex-mill on June 22, a drop of 900 rupees per tonne from 36,700-36,900 rupees per tonne ex-mill last week. "We are getting very few enquiries, buyers are...