Author: Bhupesh Agrawal
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India: BigMint’s billet index weakens by INR 150/t d-o-d amid subdued demand – 12 Nov
Many IF units reduce output, lower operating rates Finished steel prices slip by INR 100/t in Raipur BigMint’s billet index recorded a marginal decline of INR 150/tonne (t) d-o-d, settling at INR 34,950/t exw-Raipur on 12 November 2025. The market softened as weak downstream demand and tepid inquiries kept overall sentiment under pressure. Some deals…