Indian domestic prices for secondary steel billet increased by 600 rupees ($8) per tonne over the week ended Friday August 30, even though the prices of semi-finished steel products slipped slightly toward the weekend.
The price of steel billet, domestic, exw India, assessed by Fastmarkets on August 30, rose to 26,700-26,900 rupees ($372-375) per tonne compared with last week's assessment at 26,100-26,300 rupees per tonne."Prices [for secondary billet] rose in the first half...