Author: Prashasti Giri
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India: BigMint’s billet index drops marginally on subdued demand
Weak buying sentiment weighs on semis Finished steel prices show mild uptick BigMint’s billet index in Raipur edged lower by INR 100/t day-on-day to INR 42,100/t exw on 16 April 2026, as limited buying interest and cautious market sentiment continued to weigh on the semi-finished steel segment. Market sentiment remained soft, driven by weak downstream…