Indian secondary billet prices remain flat but finished long steel prices dip

April 27, 2019 / www.metalbulletin.com / Article Link

Indian secondary billet prices remained flat for the second consecutive week on Friday April 26 even as finished long steel product prices continued to slide.

The Indian domestic secondary billet price was assessed by Fastmarkets on Friday at 31,400-31,600 rupees ($446-449) per tonne ex-mill, unchanged since last week."Secondary billet prices are stable only because there is not enough supply," an official from a...

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