Author: Prashasti Giri
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India: BigMint’s billet index falls amid muted buying, global cues
Enquiries slow amid expectations of further corrections Weakness in finished steel demand weighs on billet prices BigMint’s billet index in Raipur declined sharply by INR 650/t d-o-d to INR 42,900/t ex-works on 8 April 2026, as muted buying enquiries and weak market sentiment weighed on the semi-finished steel segment. Market activity remained subdued throughout the…