Author: Bhupesh Agrawal

India: BigMint’s billet index rises INR 650/t d-o-d despite modest buying – 25 Jul

Jul 25, 2025

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by

Bhupesh Agrawal

in Semi Finished

Improved sponge iron, finished trade bolsters sentiment Buyers turn cautious amid persistent billet price hikes BigMint’s billet index recorded a sharp d-o-d rise of INR 650/tonne (t) on 25 July 2025, settling at INR 38,150/t exw-Raipur. Although the market witnessed modest buying today, prices surged, driven by improved buying momentum in sponge iron and finished…