Author: Bhupesh Agrawal
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India: BigMint’s billet index surges INR 500/t d-o-d despite subdued buying – 12 May
Positive market sentiment triggers price hikes Finished steel prices soar INR 300-700/t d-o-d BigMint’s billet index recorded a sharp uptick of INR 500/tonne (t) d-o-d to INR 40,350/t exw-Raipur on 12 May 2025, even as overall buying activity remained limited due to elevated offers. The significant rise in billet prices was driven by favourable market…