India’s domestic billet prices dip

Monday, 29 July 2019 00:47:39 (GMT+3)   |   San Diego

On July 24, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 26,700-27,000/mt ($387-391/mt) ex-Raipur. Sources inform SteelOrbis that offer prices decreased at the lowest point for the month and are now reportedly at INR 26,200-26,500/mt ($381-385/mt) ex-Raipur. Prices decreased $6/mt from both the bottom and top of the previous range.

USD = INR 68.98 (Jul 24)

USD = INR 68.80 (Jul 29)

Most Recent Related Articles

Higher ex-India billet prices find buyers in China and beyond

Indian billet exporters in hurry to conclude deals as negative notes emerge

Import scrap prices in India rise due to UAE export ban, demand weak

Indian exporters sell large billet volumes to China, prices higher in sporadic deals

Indian mills abandon attempts to raise billet export prices, new tenders opened