Author: Prashasti Giri

Selective buying in semis keeps market sentiment range-bound Finished steel weak, while sponge iron sees marginal recovery BigMint’s daily billet index edged lower by INR 50/t d-o-d to INR 38,350/t exw-Raipur on 31 July 2026, as modest buying interest in billets and sponge iron helped offset persistent weakness in downstream steel demand. Although the market…