Author: Bhupesh Agrawal
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India: BigMint’s billet index declines by INR 150/t d-o-d amid need-based buying – 2 Sep
Heavy rainfall curbs trade, disrupts logistics Finished steel prices drop INR 100-200/t d-o-d BigMint’s billet index slipped by INR 150/t d-o-d to INR 36,450/t exw-Raipur on 2 September. Despite lower offers, buying interest remained weak, as downstream demand continued to falter. Market activity was confined to need-based procurement, with only a few spot deals recorded.…