01
Sep
16:48
Indian domestic billet plunges but exports remain subdued
Amid falling Indian finished steel demand, domestic billet offers have plunged remarkably but are still seen as unviable for exports on the back of very low bids and expectations from African buyers.
Sources say domestic billet offers are falling by almost INR 4,000/tonne on-week and expect to see very limited recovery attributed to the upcoming festive season in India, Kallanish notes.
Indian 3SP/4SP re-rollable grade induction furnace billet initial indication…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous