Author: Prashasti Giri
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India: BigMint’s billet index falls further by INR 200/t d-o-d – 9 Aug
BigMint’s billet index declined further by INR 200/t reaching INR 38,200/tonne exw-Raipur on 9 August, 2024. Billet prices saw further correction today due to muted buying interest in both the semi-finished and finished steel segments. Market participants withheld bookings as market movements continued to slow down, with limited inquiries heard today. Rebar prices decreased by…