Author: Prashasti Giri

Weak demand for semis pressures spot prices Finished steel prices drop INR 300-400/t in Raipur BigMint’s billet index extended its downward trend, declining by INR 450/t d-o-d to INR 38,750/t exw-Raipur, on 1 June 2026, as weak market sentiment and subdued demand across regions weighed on spot prices. The billet market remained under pressure throughout…