Author: Prashasti Giri

India: BigMint’s billet index plummets by INR 500/t; offers reduced to stimulate demand – 13 Nov

Nov 13, 2024

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by

Prashasti Giri

in Semi Finished

Weak demand in semis, finished drives persistent decline Neighbouring regions give Raipur sellers stiff competition BigMint’s billet index dropped by INR 500/tonne (t) d-o-d to INR 39,450/t exw-Raipur on 13 November 2024, amid a reduction in offers, intended to stimulate demand. The continued decline in the billet index, since 11 November 2024, has been driven…