Author: Prashasti Giri

Weak finished steel demand drags semis prices lower Sponge iron correction offers marginal margin relief BigMint’s billet index declined further by INR 100/t d-o-d to INR 39,900/t exw-Raipur on 25 February 2026, extending the downtrend as restrained procurement and thin enquiries continued to weigh on the semi-finished steel market. Market sentiment remained subdued throughout the…