Author: Bhupesh Agrawal
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India: BigMint’s billet index extends fall by INR 150/t amid limited buying – 19 Nov
Limited buying in semi’s on lower offers Finished steel fell slightly INR 100-200/t in Raipur BigMint’s billet index softening by INR 150/t d-o-d to close at INR 35,550/t exw-Raipur. The fall was driven by restrained procurement, subdued enquiry levels, and persistent weakness in downstream finished steel markets. Buyers continued to operate cautiously, limiting purchases to…