Author: Bhupesh Agrawal

Lower offers fail to revive buying interest Finished steel prices drop INR 300/t d-o-d The Indian billet market witnessed a downturn on 25 August, with BigMint’s index dropping INR 250/tonne (t) d-o-d to INR 37,050/t exw-Raipur. Despite lower offers, procurement remained sluggish, as buyers continued to hold back, placing bids at lower levels in anticipation…