Author: Bhupesh Agrawal
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India: BigMint’s billet index hits 6-month low, drops INR 250/t d-o-d – 12 Jun
Modest buying observed despite lower offers Finished steel sees sluggish material movement BigMint’s billet index dropped further by INR 250/tonne (t) d-o-d to INR 38,050/t exw-Raipur on 12 June 2025, marking a six-month low. Despite reduced offers, buying activity remained modest, with demand still falling short of expectations. Market sentiment remained volatile, with some recovery…