Author: Prashasti Giri
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India: BigMint’s billet index rises marginally despite cautious buying
Buyers resist elevated prices, limit fresh bookings Negotiated deals dominate amid weak momentum BigMint’s billet index increased by INR 200/t d-o-d to INR 43,000/t exw-Raipur, reflecting a slight uptick in spot offers despite weakness in buying sentiment amid volatility. Market activity remained subdued, with buyers resisting procurement at elevated price levels amid persistent demand uncertainty…