Author: Prashasti Giri

Finished steel demand remains limited Lower bids in sponge iron prices limits upside BigMint’s billet index in Raipur remained unchanged day-on-day at INR 38,800/t exw on 5 May 2026, as moderate buying activity in the semi-finished steel segment and need-based procurement in finished steel helped maintain stable market sentiment. The market remained range-bound throughout the…