Author: Prashasti Giri

India: BigMint’s billet index declines by INR 200/t d-o-d on limited buying – 6 May

May 6, 2025

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by

Prashasti Giri

in Semi Finished

Limited demand weighs on trade sentiment Spot offers witness INR 100-200/t correction d-o-d BigMint’s billet index dropped by INR 200/tonne (t) d-o-d, settling at INR 40,250/t exw-Raipur on 6 May 2025, as limited buying activity and ongoing market uncertainty continued to weigh on sentiment. Persistent weak demand exerted pressure on spot offers, prompting sellers to reduce…