Author: Prashasti Giri
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India: BigMint’s billet index drops by INR 250/t d-o-d amid limited buying – 17 Oct
BigMint’s billet index declined by INR 250/tonne (t) d-o-d today to INR 41,100/t exw-Raipur on 17 October 2024. Today’s slight drop was largely influenced by weak market sentiments and sluggish demand within the semi-finished steel segment. Buying activity remained lower to moderate, despite reduced offers, as participants adopted a cautious approach, holding off on making…