Author: Prashasti Giri
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India: BigMint’s billet index eases marginally as weak sentiment limits buying
Selective inter-regional bookings provide limited price support Sponge iron slips marginally, finished steel prices show mixed trends BigMint’s billet index fell slightly by INR 50/t d-o-d to INR 37,550/t exw-Raipur on 15 July 2026, as subdued buying interest and softness in downstream demand continued to weigh on the semi-finished steel market. Although the market witnessed…