Author: Prashasti Giri

India: BigMint’s billet index drops further by INR 250/t amid weak demand – 18 July

Jul 18, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index decreased further by INR 250/tonne (t) to INR 39,200/t exw Raipur on 18 July, 2024. Today, weak buying interest and slow demand weighed on the billet index, resulting in further corrections in spot offerings for semi-finished and finished steel. Selling pressure on finished steel led buyers to remain on the backfoot, causing…