Author: Prashasti Giri

India: BigMint’s billet index plummets by INR 750/t d-o-d amid weak demand – 21 Oct

Oct 21, 2024

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by

Prashasti Giri

in Semi Finished

Rebar, wire rod, sponge iron prices decline Market turns cautious ahead of festive season BigMint’s billet index further dropped by INR 750/tonne (t) today to INR 40,100/t exw-Raipur on 21 October 2024. The billet index witnessed a significant decline today, owing to sluggish demand in the steel segment throughout the day. Market participants were cautious,…