Indian domestic billet prices trend down

Monday, 05 August 2019 21:38:06 (GMT+3)   |   San Diego

On August 1, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 26,200-26,500/mt ($378-383/mt) ex-Raipur.

Sources inform SteelOrbis that offer prices are trending down at INR 25,700-26,000/mt ($362-367/mt) ex-Raipur. Prices decreased $16/mt from both the bottom and top of the previous range.

USD = INR 69.24 (Aug 1)

USD = INR 70.90 (Aug 5)

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