Author: Bhupesh Agrawal
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India: BigMint billet index slips by INR 100/t d-o-d on weak demand – 26 Dec
Year-end holidays dampen trade momentum Finished steel prices drop INR 200-300/t d-o-d BigMint’s billet index softened by INR 100/tonne (t) d-o-d to INR 37,700/t exw-Raipur on 26 December. The decline was driven by limited procurement and subdued enquiries. Market participants remained cautious, limiting purchases strictly to immediate requirements in a bearish market. Trading activity stayed…