Author: Prashasti Giri

Higher sponge iron prices amid elevated raw material costs Finished steel prices strengthen, while modest semis demand BigMint’s billet index extended its upward momentum on 3 August 2026, rising by INR 450/t d-o-d to INR 39,000/t exw-Raipur, as higher raw material costs and firm producer offers continued to support the market. Despite the sharp increase,…