Author: Bhupesh Agrawal
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India: Billet market declines further by INR 200/t d-o-d as demand weakens – 21 Aug
Weak demand in semis’ weighs on spot offers Finished steel tags dip by INR 100/t in Raipur BigMint’s daily billet index declined by INR 200/tonne (t) d-o-d, settling at INR 37,500/t exw-Raipur on 21 August 2025. The downtrend was driven by subdued demand, lower enquiry volumes, and cautious buyer participation, which weighed heavily on spot…