Author: Prashasti Giri

India: BigMint’s billet index falls to a 6-month low – 19 July

Jul 19, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index declined further by INR 300/t, reaching INR 38,900/t exw-Raipur on 19 July, 2024. The billet index fell to a new low today, touching the lowest level in the last six months. This decline is primarily due to weak demand in both the semi-finished and finished steel segments throughout the day, leading to…