Author: Neesha Sen
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India: BigMint’s billet index gains INR 450/t d-o-d
Billet prices rise, but buying interest remains cautious Finished steel, sponge iron prices edge up despite limited demand BigMint’s billet index continued its upward momentum on 10 February 2026, rising by INR 450/t day-on-day to INR 42,200/t exw-Raipur. However, market sentiment turned cautious amid limited buying interest at elevated price levels. Trading activity remained selective,…