Author: Prashasti Giri

India: BigMint’s billet index touches a 5-month low – 8 July

Jul 8, 2024

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by

Prashasti Giri

in Semi Finished

BigMint’s billet index declined further by INR 400/t, reaching INR 39,250/t exw-Raipur on 8 July, 2024. The billet index touched a new low today, marking the lowest level in the last five months. This decline is primarily due to weak buying demand in both the semi-finished and finished steel throughout the day, leading to a…