On March 28, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 31,200-31,500/mt ($450-455/mt) ex-Raipur.
Sources inform SteelOrbis that induction grade billet offer prices are presently at INR 31,800-32,000/mt ($461-464/mt) ex-Raipur. Prices increased by $11/mt from the bottom of the previous range and $9/mt from the top of the same range.
USD = INR 69.30 (Mar 28)
USD = INR 68.99 (Apr 4)