On April 23, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 31,500-31,700/mt ($452-455/mt) ex-Raipur.
Sources inform SteelOrbis that prices are trending stable at INR 31,600-31,800/mt ($453-456/mt) ex-Raipur. Due to currency fluctuations, prices increased by $1/mt.
USD = INR 69.74 (Apr 23)
USD = INR 69.81 (Apr 29)