Author: Neesha Sen
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India: BigMint’s billet index declines further amid weak demand
Enquries limited, sellers reduce offers to attract buyers Finished steel prices and sponge iron falls BigMint’s billet index declined marginally by INR 100/t d-o-d to INR 38,750/t exw-Raipur on 22 June 2026, as buying interest in the semi-finished steel market remained subdued despite largely stable offers from mills. Market participants noted that enquiries were limited…