Author: Prashasti Giri
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India: BigMint’s billet index drops by INR 150/t amid limited buying – 8 Aug
BigMint’s billet index dropped by INR 150/t due to limited buying activity, reaching INR 38,400/tonne exw-Raipur on 8 August, 2024. The index witnessed a slight decline today, driven by weak buying in both the semi-finished and finished steel. However, few bookings at lower offerings were recorded, overall market sentiments remain weak, adding to the downward…