On January 14, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 31,000-31,300/mt ($438-442/mt) ex-Raipur.
Sources inform SteelOrbis that prices for billet have increased to INR 31,800-32,100/mt ($448-452/mt) ex-Raipur. Prices have increased $10/mt.
USD = INR 70.77 (Jan 14)
USD = INR 71.05 (Jan 24)