On July 26, SteelOrbis reported that Indian billet prices continued trending stable at INR 31,000-31,700/mt ($451-461/mt) with some sellers moving offers to the higher side of the range.
Sources inform SteelOrbis that offer prices have remained stable at INR 31,000-31,700/mt ($451-462/mt), up $1/mt from the top of the previous range on currency fluctuations.
USD = INR 68.69 (Jul 26)
USD = INR 68.64 (Jul 30)