Author: Prashasti Giri
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India: BigMint’s billet index declines further amid weak demand
Enquries limited, sellers reduce offers to attract buyers Finished steel prices show mixed trends, sponge iron falls BigMint’s billet index declined marginally by INR 50/t d-o-d to INR 38,750/t exw-Raipur on 12 June 2026, as buying interest in the semi-finished steel market remained subdued despite largely stable offers from mills. Market participants noted that enquiries…