Author: Bhupesh Agrawal

India: BigMint’s billet index declines by INR 450/t d-o-d amid limited buying – 13 May

May 13, 2025

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by

Bhupesh Agrawal

in Billet

Finished steel prices drop INR 200-600/t Sponge iron prices down by INR 400/t BigMint’s billet index declined by INR 450/tonne (t) d-o-d, settling at INR 39,900/t exw-Raipur on 13 May 2025, as limited buying interest and weak market sentiments continued to weigh on spot trading activity. The semi-finished steel segment remained under pressure throughout the…