Author: Prashasti Giri

India: BigMint’s billet index plunges INR 500/t d-o-d on weak sentiment, limited demand

Feb 24, 2026

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by

Prashasti Giri

in Semi Finished

Lower offers trigger modest buying, but panic selling persists Finished steel prices drop sharply by INR 300-600/t in Raipur BigMint’s billet index fell sharply by INR 500/t d-o-d to INR 40,000/t exw-Raipur on 24 February 2026, as weak market sentiment and thin enquiries accelerated price corrections in the semi-finished steel segment. Despite steep reductions in…