Author: Prashasti Giri

India: BigMint’s billet index declines by INR 300/t d-o-d amid weak demand – 28 Aug

Aug 28, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index decreased by INR 300/tonne (t) to INR 38,300/t ex-works Raipur on 28 August 2024. Today, weak buying interest continued to weigh on the billet index, extending the ongoing downtrend. The market experienced further corrections due to sluggish demand in the finished steel segment. Despite the availability of lower offers, buyers resisted bookings…