Author: Prashasti Giri

India: BigMint’s billet index declines by INR 450/t d-o-d amid weak buying – 25 Nov

Nov 25, 2024

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by

Prashasti Giri

in Semi Finished

Muted demand in semis, finished steel persists Sponge iron drops INR 100/t d-o-d in Raipur BigMint’s billet index fell further by INR 450/tonne (t) d-o-d to INR 38,850/t exw-Raipur on 25 November 2024. Previously, on 22 November, the index had declined by INR 150/t to INR 39,400/t. The index underwent further correction today, influenced by…