Author: Prashasti Giri

Weak finished steel margins continue to weigh on billet demand Rolling mills curtail production as compressed spreads pressure BigMint’s billet index declined by INR 150/t d-o-d to INR 38,800/t exw-Raipur on 5 August 2026, as weak buying interest and subdued downstream demand kept the semi-finished steel market under pressure. Despite a slight reduction in spot…