Author: Prashasti Giri

Weak finished steel demand continues to weigh Sponge iron prices soften further on lower bids BigMint’s billet index declined sharply by INR 350/t d-o-d to INR 39,500/t exw-Raipur on 19 May 2026, touching its lowest level in four months amid persistent weakness in both semi-finished and finished steel markets. The last time billet prices were…