Author: Bhupesh Agrawal

India: BigMint’s billet index rises INR 200/t d-o-d but buyers remain cautious – 15 Jan

Jan 15, 2026

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by

Bhupesh Agrawal

in Semi Finished

Trading thin amid limited participation Finished steel, sponge iron prices rise d-o-d BigMint’s billet index rose by INR 200/t d-o-d to settle at INR 40,650/t exw-Raipur on 15 January 2026. However, overall market activity remained subdued due to weak demand and limited participation in the semi-finished steel segment. Manufacturers quoted higher prices, supported by decent…