Indian domestic billet prices soften slightly

Monday, 28 January 2019 01:12:06 (GMT+3)   |   San Diego

On January 24, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 31,800-32,100/mt ($448-452/mt) ex-Raipur.

Sources inform SteelOrbis that induction grade billet offers are trending relatively stable but slightly soft early in the week at INR 31,800-32,000/mt.($447-450/mt) ex-Raipur. Prices decreased by $1/mt from the bottom of the previous range and $2/mt from the top of the same range.

USD = INR 71.05 (Jan 24)

USD = INR 71.09 (Jan 28)

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