Author: Bhupesh Agrawal
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India: BigMint’s billet index plunges to nearly 5-year lows on sustained steel market downtrend
Production affected at 20-30% of IFs, rolling mills in Raipur cluster Producer margins face increased pressure on firm raw material prices Output cuts may deepen in Nov on high inventories if downturn persists Morning Brief: India’s semi-finished steel market continued to reel under sustained pressure even in the festive month of October 2025, with BigMint’s…