Author: Bhupesh Agrawal

India: BigMint’s billet index slips marginally by INR 50/t amid weak downstream demand

Jan 22, 2026

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by

Bhupesh Agrawal

in Semi Finished

Weak downstream demand and lower bids keep billet prices under pressure Finished steel prices in Raipur slip INR 100/t on subdued buying BigMint’s billet index declined marginally on 22 January 2026, slipping by INR 50/t d-o-d to INR 40,600/t exw, as weak downstream demand continued to weigh on market sentiment. Trading activity in the semi-finished…