Author: Prashasti Giri

BigMint’s billet index continued its upward movement, increasing by INR 400/tonne (t) to INR 39,500/t exw-Raipur on 24 September 2024. Today’s rise was driven by prevailing positive market sentiments. However, buying activity in both the semi-finished and finished steel segments gradually slowed, as continuous rises in spot offerings reined in deal momentum. Buyers resisted making…