Author: Prashasti Giri

BigMint’s billet index increased by INR 100/tonne (t), reaching INR 38,400/t exw-Raipur on 12 August 2024. Although the index showed a slight uptick, overall market sentiment remained cautious. Participants were hesitant to book materials at higher prices due to weak sales in the finished steel segment. This cautious stance resulted in only modest buying activity…