Author: Bhupesh Agrawal

India: BigMint’s billet index dips by INR 50/t d-o-d amid limited buying – 16 May

May 16, 2025

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by

Bhupesh Agrawal

in Billet

Limited demand in semis weighs on spot offers Finished steel tags remain range-bound d-o-d BigMint’s billet index declined marginally by INR 50/tonne (t) d-o-d, settling at INR 39,850/t exw-Raipur on 16 May 2025, amid modest buying interest and a slight recovery in semi-finished steel trading. Market sentiments remained range-bound, with subdued demand seen in the…