Author: Prashasti Giri
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India: BigMint’s billet index extends gains d-o-d – 2 Dec
Demand for semis slow down on elevated offers Enquiries in finished steel stay subdued BigMint’s billet index rose by INR 200/t d-o-d to INR 36,700/t ex-Raipur. Despite the increase overall sentiment remained range-bound weighed down by persistent weakness in both semi-finished and downstream steel demand. Buyer activity stayed subdued throughout the session, as most buyers…