Author: Bhupesh Agrawal

India: BigMint’s billet index drops INR 200/t on weak demand – 28 Aug

Aug 28, 2025

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by

Bhupesh Agrawal

in Semi Finished

Demand weakens despite lower offers d-o-d Finished steel market stays firm amid cautious sentiments BigMint’s daily billet index slipped by INR 200/t d-o-d to INR 36,800/t exw-Raipur on 28 August 2025. The decline was driven by weak buying demand and slower market activity despite lower spot offers aimed at stimulating sales. Trading activity remained weak,…