Author: Prashasti Giri
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India: BigMint’s billet index falls by INR 500/t amid weak demand
Expectations of further corrections keep buyers cautious Finished steel prices decrease by INR 500-700/t d-o-d BigMint’s billet index fell by INR 500/t d-o-d to INR 43,500/t exw-Raipur on 23 September 2026, as buying activity remained limited despite competitive spot offers. Uncertainty and expectations of further correction kept buyers in wait-and-watch mode. Market sentiment weakened amid…