Author: Prashasti Giri
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India: BigMint’s billet index dips d-o-d as soft finished steel demand curbs buying momentum
Sellers keep offers elevated, but cautious buying drags prices down Sponge iron remains supported despite weak buying, steel prices fall BigMint’s billet index edged lower by INR 50/t d-o-d to INR 38,950/t exw-Raipur on 4 August 2026, as weak buying interest and weak finished steel demand limited trading activity across the semi-finished steel segment. Despite…