Rising DRI prices, renewed buying perk up Indian secondary billet prices

October 30, 2021 / www.metalbulletin.com / Article Link

Indian domestic secondary billet prices increased slightly by end of the week to Friday October 29 on renewed buying interest and rising raw material prices.

Fastmarkets' price assessment for steel billet domestic, ex-works India was at 46,500-46,700 rupees ($620.03-622.70) per tonne on Friday, up by 200 rupees compared with the previous week's assessment of 46,300-46,500 rupees per tonne ex-works.

Billet prices had fallen to a low of around 45,200-45,300 rupees per tonne...

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