Author: Prashasti Giri
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India: BigMint’s billet index rises further d-o-d on higher raw material costs
Rise in finished steel prices supports higher billet prices Buyers turn cautious after recent bookings BigMint’s billet index extended its upward trend, increasing by INR 250/t d-o-d to INR 38,500/t exw-Raipur on 24 July 2026, supported by higher raw material costs and firm producer offers. Despite the price increase, overall trading activity remained subdued as…