Author: Prashasti Giri

BigMint’s billet index continued to decline further by INR 450/t, reaching INR 38,600/t exw-Raipur on 22 July, 2024. The index recorded a new all-time low today, the lowest in last three years, owing to weak demand in both the semi-finished and finished steel. Participants appeared pessimistic about the market movement, and buyers’ enquiries and responses…