Author: Prashasti Giri
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India: BigMint’s billet index falls further by INR 400/t amid limited enquiries – 10 May
Limited inquiries in finished steel Buyers opt for cautious approach BigMint’s billet index declined further by INR 400/t, reaching INR 44,500/t exw-Raipur on 10 May, 2024. The billet index continued its downward trend today, driven by weak buying demand and limited inquiries in both the semi-finished and finished steel segments. Buyers are resisting purchases in…