Indian secondary billet prices down by $12 per tonne in a week

Indian domestic prices for secondary steel billet fell by at least 800 rupees ($12) per tonne this week on account of reduced inquiries and minimal buying by finished product makers, Fastmarkets heard on Friday June 7.

The domestic secondary billet price was assessed by Fastmarkets on Friday down by 800 rupees per tonne to 30,500-30,700 rupees ($440-443) per tonne ex-mill, compared with last week’s assessment of 31,300-31,500 rupees per tonne ex-mill. “Finished product...

Published

Suresh Nair

June 07, 2019

17:11 GMT

Mumbai