Author: Prashasti Giri

Need-based buying dominates semis demand Sponge iron prices ease on muted enquiries BigMint’s daily billet index declined by INR 150/t day-on-day to INR 41,750/t exw-Raipur on 17 March, as subdued buying interest and persistent weakness in downstream demand continued to weigh on market sentiment. Trading activity remained cautious, with limited participation across the semi-finished segment.…