India’s domestic billet prices

Wednesday, 12 June 2019 22:31:59 (GMT+3)   |   San Diego
       

On June 10, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 30,300-30,500/mt ($436-439/mt) ex-Raipur.

Sources inform SteelOrbis that offer prices declined further on June 11, breaching the INR 30,000/mt level but as of June 12 prices have encountered a slight rebound to INR 30,000-30,200/mt ($432-435/mt) ex-Raipur. Compared to June 10, prices decreased by $4/mt from both the bottom and top of the previous range.

USD = INR 69.52 (Jun 10)

USD = INR 69.38 (Jun 12)


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