Author: Prashasti Giri
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India: BigMint’s billet index jumps on strong buying, improved downstream demand
Higher prices, demand for sponge iron lift billet offers Finished steel prices increase by INR 300-500/t d-o-d BigMint’s billet index increased sharply by INR 450/t d-o-d to INR 38,250/t exw-Raipur on 23 July 2026, as improved buying interest and a surge in bookings across the semi-finished steel segment supported a strong recovery in spot prices.…