Author: Bhupesh Agrawal

India: Billet index slides INR 200/t d-o-d as demand weakens – 29 Aug

Aug 29, 2025

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by

Bhupesh Agrawal

in Semi Finished

Weak demand for semis weighs on spot offers Finished steel prices drop INR 300/t in Raipur BigMint’s daily billet index fell by INR 200/tonne d-o-d, settling at INR 36,600/t exw-Raipur on 29 August 2025. The decline can be attributed to subdued demand, lower enquiry volumes, and cautious buyer participation, which continued to pressure spot offers.…