Author: Bhupesh Agrawal

India: BigMint’s billet index rises slightly by INR 100/t despite limited demand – 16 Jan

Jan 16, 2026

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by

Bhupesh Agrawal

in Semi Finished

Billet prices edge up, but demand remains muted Finished steel and sponge iron prices mixed amid cautious buying BigMint’s billet index rose by INR 100/t day-on-day to INR 40,750/t exw-Raipur on 16 January 2026. However, overall market activity remained subdued due to weak demand and limited participation in the semi-finished steel segment. Manufacturers marginally raised…