On February 19, SteelOrbis reported Indian domestic induction grade billet offer prices softening to INR 33,400-33,600/mt ($469-471/mt) ex-Raipur.
Sources inform SteelOrbis that prices firmed up slightly and are presently at INR 33,500-33,700/mt ($472-474/mt) ex-Raipur, up $3/mt.
USD = INR 71.28 (Feb 19)
USD = INR 71.03 (Feb 20)