Author: Prashasti Giri
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India: BigMint’s billet index holds firm as festive lull dampens activity
Festive slowdown limits market activity Finished steel prices sees mixed response BigMint’s billet index in Raipur remained unchanged at INR 42,850/t ex-works on 2 April 2026, as market activity slowed amid the festive holiday of Hanuman Jayanti, leading to subdued participation across the semi-finished steel segment. Trading activity remained subdued, with buyers stepping back from…