Indian domestic secondary steel billet prices drop amid weak demand for semis, finished products

Indian domestic secondary steel billet prices softened in the week to Friday March 24 after buying slowed on the expectation of further price falls, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel billet domestic, ex-works India, was 45,600-45,800 rupees ($554-557) per tonne on Friday, down by 200 rupees per tonne from 45,800-46,000 rupees per tonne on...

Published

Suresh Nair

March 24, 2023

16:53 GMT

Mumbai