Author: Bhupesh Agrawal
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India: BigMint’s billet index weakens marginally amid subdued trade – 3 Sep
Weak finished market discourages bulk bookings Finished steel prices decline by INR 100-200/t d-o-d BigMint’s billet index slipped by INR 50/tonne (t) d-o-d to INR 36,400/t exw-Raipur on 3 September 2025. Persistent weakness in finished steel demand and limited billet offtake kept market participation muted, putting pressure on spot offers. The consistent weakness across both…