Author: Bhupesh Agrawal

India: BigMint’s billet index further drops by INR 300/t d-o-d, hits 4-year low – 23 June

Jun 23, 2025

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by

Bhupesh Agrawal

in Semi Finished

Sustained weak demand drags down spot offers Plummeting finished demand adds to market woes BigMint’s billet index slumped further by INR 300/tonne (t) d-o-d to INR 37,100/t exw-Raipur on 23 June 2025 – its lowest in over four years, and last seen in February 2021. Despite price reductions, market activity and buying interest failed to…