Author: Kameshwar Rao

 Weak downstream demand weighs on billet procurement after recent rally  Sponge iron prices remain stable as buyers adopt a cautious approach BigMint’s billet index declined by INR 300/t d-o-d to INR 39,600/t exw-Raipur on 26 August 2026, marking a correction after the recent price rally. The decline was primarily driven by weak buying interest and…