Author: Prashasti Giri
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India: BigMint’s billet index extends gains amid limited buying on elevated offers
Buyers in semis remained cautious over elevated spot offers Finished steel and sponge iron surges on modest buying support BigMint’s billet index increased by INR 200/t d-o-d to INR 39,400/t exw-Raipur on 18 August 2026, extending its recent upward trend despite restricted buying activity. The increase was primarily supported by elevated seller offers, tighter availability…