Author: Prashasti Giri
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India: BigMint’s billet index remains range-bound despite improved buying in finished steel – 30 Aug
BigMint’s billet index inched up by INR 50/t, reaching INR 38,350/tonne (t) exw-Raipur on 30 August, 2024. The index remained range-bound today, as participants anticipated an improvement in buying activity, which supported market offerings on varying sentiments throughout the day. However, weak buying interest and muted demand in the semi-finished steel segment led to market…