Author: Prashasti Giri

India: BigMint’s billet index softens by INR 300/t on weak buying activity

Aug 20, 2026

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by

Prashasti Giri

in Semi Finished

Weak steel demand limits billet buying after price rally Sponge iron prices ease as buyers remain cautious BigMint’s billet index declined by INR 300/t d-o-d to INR 39,500/t exw-Raipur on 20 August 2026, as correction marks a pause after the recent price rally amid weak buying interest and subdued downstream demand put pressure on the…