Author: Prashasti Giri

BigMint’s billet index fell by INR 450/tonne (t) to INR 38,650/t exw-Raipur on 22 August, 2024. The index’s decline today is attributed to weak buying activity and fewer inquiries in both the semi-finished and finished steel segments. The resistance in material procurement is linked to the ongoing sluggish movement in the finished steel segment, which…