Author: Prashasti Giri

India: BigMint’s billet index declines further amid limited demand on lower offers

Mar 24, 2026

—

by

Prashasti Giri

in Semi Finished

Limited buying persists despite lower spot offers Finished steel prices soften by INR 300/t in Raipur BigMint’s billet index declined by INR 400/t d-o-d to INR 40,850/t exw-Raipur on 24 March 2026, as limited market participation and weak downstream demand continued to pressure the semi-finished steel segment. Despite reduced spot offers, buying interest remained limited.…