Author: Prashasti Giri
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India: BigMint’s billet index plunges on weak sentiment and limited demand
Weak sentiment and limited enquiries weigh on prices Finished steel declines INR 300-500/t in Raipur BigMint’s billet index in Raipur declined sharply by INR 450/t day-on-day to INR 42,550/t ex-works on 14 April 2026, as weak market sentiment and limited enquiries continued to exert downward pressure on the semi-finished steel segment. Despite notable corrections in…