Author: Bhupesh Agrawal
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India: BigMint’s billet index sees marginal increase despite weak demand – 1 Sep
Heavy rains, weak finished steel sales pressure demand Finished steel, sponge iron prices inch up by INR 100/t BigMint’s billet index inched up by INR 100/t d-o-d, settling at INR 36,600/t exw-Raipur on 1 September 2025. Despite the slight uptick, market mood was largely subdued, with muted buying inquiries as buyers resisted higher offers. Key…