Author: Prashasti Giri
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India: BigMint’s billet index drops INR 250/t on soft demand – 5 Feb
BigMint’s billet index dropped further today by INR 250/t, settling at INR 39,600/tonne (t) exw-Raipur on 5 February 2025. The index declined today, continuing the downward trend from previous sessions. Weak demand in the semi-finished and finished steel segments led to a further softening of spot offers as sellers adjusted prices to align with buyer…