Author: Prashasti Giri
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India: BigMint’s billet index falls amid limited demand
Widening bid-offers gap and limited enquiries weigh on semis Finished steel sees mixed trend, while sponge iron prices unchanged BigMint’s billet index declined marginally by INR 100/t day-on-day to INR 38,650/t exw-Raipur on 23 June 2026, as limited spot buying activity and a widening bid-offers gap continued to pressure the semi-finished steel segment. Market sentiment…