Author: Prashasti Giri

BigMint’s billet index dropped further by INR 350/tonne (t) today, settling at INR 39,600/t exw Raipur. The billet index recorded a further decline, driven by fluctuating market sentiments and continued weak demand in both the semi-finished and finished steel segments. This persistent low demand kept buying activity subdued, with participants adopting a wait-and-watch approach, closely…