India’s domestic billet prices decline

Wednesday, 24 July 2019 23:07:36 (GMT+3)   |   San Diego

On July 18, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 27,400-27,600/mt ($398-401/mt) ex-Raipur.

Sources inform SteelOrbis that offer prices decreased in the past week and are now reportedly at INR 26,700-27,000/mt ($387-391/mt) ex-Raipur. Prices decreased $11/mt from the bottom of the previous range and $10/mt from the top of the same range.

USD = INR 68.83 (Jul 18)

USD = INR 68.98 (Jul 24)

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