Indian secondary billet prices down by $3 per tonne in a week

Indian domestic secondary billet prices fell in the week ended Friday January 18, mainly on account of weakness in the prices of finished products such as rebar.

The Indian domestic secondary billet price was assessed by Fastmarkets on Friday at 30,900-31,100 rupees ($435-437) per tonne ex-mill. This was down by 200 rupees ($3) per tonne compared with 31,100-31,300 rupees per tonne last weekend. “Billet prices will follow prices of finished products such as...

Published

Suresh Nair

January 18, 2019

19:22 GMT

Mumbai