Author: Prashasti Giri

India: BigMint’s billet index declines INR 200/t amid limited buying – 10 Dec

Dec 10, 2024

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by

Prashasti Giri

in Semi Finished

Weak demand in semis, finished steel persists Rebar prices drop INR 400/t d-o-d in Raipur BigMint’s billet index further decreased by INR 200/tonne (t) d-o-d to INR 38,450/t exw-Raipur on 10 December 2024. Notably, the index has been on a downtrend since 5 December. The index experienced further corrections today, driven by continued weak demand…