Author: Prashasti Giri
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India: BigMint’s billet index witnesses marginal correction amid modest buying activity
Improved semi-finished steel bookings limit downside Finished steel weakens further, sponge iron drops slightly BigMint’s daily billet index registered a marginal correction of INR 50/t d-o-d, settling at INR 38,650/t exw-Raipur on 9 June 2026. The market remained range-bound, supported by a modest improvement in buying activity in the semi-finished steel segment, although sentiment in…