Author: Prashasti Giri

BigMint’s billet index declined further by INR 100/tonne (t) today, settling at INR 41,000/t exw Raipur. The index saw a marginal correction today driven by fluctuating market sentiments and sustained weak demand, particularly in the semi-finished steel segment. Despite a generally positive response after OMC’s iron ore auction, lack of confidence was seen among market…