Author: Prashasti Giri

BigMint’s billet index decreased by INR 350/t, reaching INR 39,600/t exw-Raipur on 16 July, 2024. The index showed a slight decline today, primarily due to weak buying in both the semi-finished and finished steel segments. Although a few bookings at lower offerings were recorded d-o-d, overall market sentiments remained slow. This reduction in demand has…