Indian secondary billet prices fall by $8 per tonne in a week

September 28, 2019 / www.metalbulletin.com / Article Link

Indian domestic secondary billet prices in the week ended Friday September 27 fell by 600 rupees ($8) per tonne on subdued buying by finished product makers.

The price of steel billet, domestic, ex-works India, assessed by Fastmarkets on September 27, was down by 600 rupees per tonne to 26,500-26,700 rupees ($374-377) per tonne compared with last week's assessment at 27,100-27,300 rupees per tonne."Uncertainty in demand for finished products has led to rolling mills...

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