India’s domestic billet prices shift down

Tuesday, 16 July 2019 23:14:02 (GMT+3)   |   San Diego

On July 11, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 27,200-27,700/mt ($397-405/mt) ex-Raipur.

Sources inform SteelOrbis that offer prices decreased in the past week and are now reportedly at INR 27,000-27,400/mt ($393-399/mt) ex-Raipur. Prices decreased $4/mt from the bottom of the previous range and $6/mt from the top of the same range.

USD = INR 68.47 (Jul 11)

USD = INR 68.66 (Jul 16)

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