Author: Prashasti Giri
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India: BigMint’s billet index rises further on raw material tightness amid limited buying
Tight raw material availability and positive cues supported offers Finished steel prices recover, but buyer caution at elevated levels BigMint’s billet index increased by INR 400/t d-o-d to INR 39,800/t exw-Raipur on 19 August 2026, supported by limited bookings in the semi-finished steel segment, positive cues from neighbouring markets and a modest recovery in finished…