Author: Neesha Sen
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India: BigMint’s billet index remains stable amid limited buying
Finished steel prices decline by INR 200/t Market activity remains sluggish BigMint’s billet index remained stable d-o-d at INR 40,550/t exw on 11 May 2026, as limited demand and weak market sentiment continued to weigh on spot offers. However, bookings concluded in the previous session provided slight support to prevailing offers. Market sentiment remained cautious…