Author: Prashasti Giri
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India: BigMint’s billet index dips further on weak buying interest
Lower bids continue to pressure billet offers Finished steel, sponge iron prices soften slightly BigMint’s billet index declined further by INR 200/t d-o-d to INR 39,050/t exw-Raipur on 21 May 2026, as weakening buying interest and limited enquiries continued to weigh on market sentiment. The semi-finished steel segment remained under sustained pressure throughout the trading…