Author: Bhupesh Agrawal
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India: BigMint’s billet index declines by INR 150/t amid limited buying – 26 May
Sporadic bookings done, only at lower prices Finished steel prices dip INR 100/t in Raipur BigMint’s billet index registered a marginal drop of INR 150/tonne (t) d-o-d, settling at INR 39,700/t exw-Raipur on 26 May 2025, as need-based buying continued to dominate the semi-finished steel market. Market sentiments remained weak, with demand failing to rebound…