Author: Prashasti Giri

BigMint’s billet index dropped INR 350/tonne (t) today, settling at INR 41,250/t exw Raipur. The index witnessed a slight downtrend today, in line with the broader market trend, primarily due to weak demand in both the semi-finished and finished steel segments. Persistent low demand kept buying activity subdued, as market participants adopted a cautious wait-and-watch…