Author: Bhupesh Agrawal
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India: BigMint’s billet index declines further by INR 200/t d-o-d amid limited demand – 12 Aug
Weak semi-finished bookings weigh on spot offers Finished steel tags fall by INR 100-200/t in Raipur BigMint’s billet index declined further by INR 200/tonne d-o-d, settling at INR 37,550/t exw-Raipur on 12 August 2025, as subdued demand and lower enquiry levels kept market participation subdued throughout the day. Trading activity slowed further, with spot offers…