Author: Prashasti Giri
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India: BigMint’s billet index declines further amid weakening demand
Subdued buying persists despite lower spot offers Finished steel prices also fall by INR 200/t d-o-d BigMint’s billet index declined by INR 200/t d-o-d to INR 39,750/t exw-Raipur on 27 February 2026, as limited market participation and weak downstream demand continued to pressure the semi-finished steel segment. Despite reduced spot offers, buying interest remained subdued.…