Author: Prashasti Giri
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India: BigMint’s billet index remains stable amid selective buying and improved finished steel sentiment
Improved finished steel demand lends mild support Sponge iron prices ease marginally on modest demand BigMint’s billet index remained unchanged at INR 37,550/t exw-Raipur on 16 July 2026, as selective buying and an improvement in downstream steel demand helped offset subdued trading activity. Although the market witnessed minor fluctuations at lower price levels during the…