Author: Prashasti Giri

BigMint’s billet index rose further by INR 150/tonne (t), reaching INR 38,600/t exw-Raipur on 27 August, 2024. The index showed a slight uptick today, but overall market sentiment remained weak. Participants were hesitant to book materials at higher prices due to weak sales in finished steel and a tepid response from buyers. This cautious stance…