Author: Prashasti Giri

BigMint’s billet index rose slightly by INR 100/tonne (t) d-o-d to INR 41,350/t exw-Raipur on 16 October 2024. The index remained range-bound throughout the day, with a slight rise towards the end, driven by varying market sentiments. Buying activity in the semi-finished segment remained moderate. However, persistently weak demand for finished steel kept overall market…