Author: Prashasti Giri

Weak finished steel demand weighs on semi-finished steel prices Sponge iron prices drop marginally despite tight availability  BigMint’s billet index declined by INR 200/t d-o-d to INR 37,900/t exw-Raipur on 21 July 2026, as subdued finished steel demand continued to weigh on procurement across the semi-finished steel segment. Limited buying interest and expectations of further…