Author: Prashasti Giri
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India: BigMint’s billet index falls by INR 150/t d-o-d – 13 May
Buying remains weak on falling offers Cautious approach from participants BigMint’s billet index dropped further by INR 150/tonne (t), reaching INR 44,150/t exw-Raipur on 13 May, 2024. The index experienced a further decline today, driven by persistent downward sentiments that negatively affected buying demand in both the finished and semi-finished steel segments. Buyers are now…