Author: Bhupesh Agrawal
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India: BigMint’s billet index holds steady d-o-d amid cautious sentiments – 2 May’25
Sponge iron, finished steel remain volatile Buyers move to sidelines, await price clarity BigMint’s billet index remained unchanged d-o-d (d-o-d) at INR 40,300/tonne (t) exw-Raipur on 2 May 2025. The market remained range-bound with minor fluctuations, and ultimately closing stable by the end of the session. Buying activity across both semi-finished and finished steel remained…