Author: Bhupesh Agrawal
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India: BigMint’s billet index rises marginally by INR 100/t d-o-d despite limited buying – 24 Nov
Conclusion of some higher-priced deals pushes up index Finished steel prices increase by INR 100-200/t d-o-d BigMint’s billet index inched up by INR 100/t d-o-d to INR 36,850/t exw-Raipur on 24 November. Amid the marginal uptick, overall buying interest remained limited, as downstream demand continued to soften. Market activity was largely restricted to need-based procurement.…