Author: Prashasti Giri

India: BigMint’s billet index drops further by INR 250/t d-o-d on weak demand – 10 Sep

Sep 10, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index dropped a further INR 250/t today, reaching INR 37,450/tonne (t) exw-Raipur as on 10 September, 2024. The index continues to experience downward pressure with spot prices decreasing further in response to weak buying activity. The reduction in spot prices was due to weak demand in both the semi-finished and finished steel segments,…