Author: Bhupesh Agrawal
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India: BigMint’s billet index rises by INR 100/t d-o-d on improved demand – 8 May
Spot prices gain support as buying improves Finished steel demand strengthens trade sentiment BigMint’s daily billet index saw a marginal recovery of INR 100/tonne (t) day-on-day, settling at INR 40,200/t exw-Raipur on 8 May 2025, backed by improved buying interest in the spot market. Market sentiments turned slightly optimistic during the latter half of trading…