Author: Bhupesh Agrawal
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India: BigMint’s billet index increases marginally despite weak demand – 27 Nov
Subdued demand keeps prices range-bound Finished steel prices rise by INR 100-300/t in Raipur BigMint’s billet index in Raipur rose by INR 100/t d-o-d to INR 36,350/t exw. Despite the nominal increase, overall sentiment stayed range-bound, reflecting continued weakness in downstream demand. A slight upward movement was observed toward the end of the session, but…