Author: Prashasti Giri

India: BigMint’s billet index declines by INR 500/t d-o-d amid improved buying – 22 Oct

Oct 22, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index dropped further by INR 500/tonne (t) d-o-d to INR 39,600/t exw-Raipur on 22 October 2024. The continued decline in the billet index was primarily due to fluctuating market sentiments and persistent weak demand, which exerted downward pressure on both semi-finished and finished steel segments. However, during the second half of the trading…