Author: Bhupesh Agrawal

India: BigMint’s billet index softens further by INR 100/t d-o-d amid limited buying – 2 July

Jul 2, 2025

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by

Bhupesh Agrawal

in Semi Finished

Need-based buying continues at lower offers Finished steel segment sees volatile trends BigMint’s daily billet index declined further by INR 100/tonne (t) d-o-d, settling at INR 36,800/t exw-Raipur on 2 July 2025, as weak market sentiment persisted despite softer spot offers. Trading activity remained limited, primarily driven by need-based procurement at reduced price levels. However,…