Author: Bhupesh Agrawal
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India: BigMint’s billet index drops further on weak demand – 6 Oct
Subdued sentiments trigger price correction Finished steel prices down INR 300/t in Raipur BigMint’s billet index declined by another INR 200/t day-on-day, settling at INR 35,800/t exw-Raipur on 6 October 2025. Despite lower offers, buying activity remained sluggish, weighed down by muted downstream demand and reduced participation. Weak market sentiments and continuous pressure from finished…