09
Jun
16:14
Indian billet resists drop despite limited enquiries
Despite low enquiries from oversea buyers, Indian billet exporters are resisting dropping their offers majorly on the back of better realisations in the domestic market. However, buyers are aware that the domestic market will fall in India over the monsoons, and they will translate deals in their terms and with favourable prices, Kallanish notes.
The Indian 3SP/4SP re-rollable grade induction furnace billet offers are noted firm at $640-650/tonne fob west India, e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous