Author: Prashasti Giri

India: BigMint’s billet index falls further by INR 300/t d-o-d – 4 Feb

Feb 4, 2025

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by

Prashasti Giri

in Semi Finished

Fall driven by weak finished steel sales Semi finished tags drop by INR 100-500/t BigMint’s billet index continued to fall. On Monday, it decreased by INR 300/tonne (t) today, to INR 38,850/t exw-Raipur on 4 February 2025. The sharp decline today was primarily driven by weakened buying demand across both the semi-finished and finished steel…