India’s domestic billet prices trend down

Friday, 07 June 2019 00:11:19 (GMT+3)   |   San Diego

On May 30, SteelOrbis reported Indian domestic induction grade billet offer prices at INR 31,600-31,800/mt ($453-456/mt) ex-Raipur.

Sources inform SteelOrbis that offer prices have declined to INR 30,600-30,800/mt ($441-444/mt) ex-Raipur. Prices decreased by $12/mt from the bottom and top of the respective previous range.

USD = INR 69.77 (May 30)

USD = INR 69.37 (Jun 7)

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