Author: Prashasti Giri
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India: BigMint’s billet index rises INR 200/t amid modest buying – 17 Feb
BigMint’s billet index moved up by INR 200/t today, reaching INR 39,250/t exw-Raipur on 17 February 2024. Today, the index rose due to the northward trend in prices. However, buying activity in the semi-finished segment remained moderate due to higher offers. Despite this, buyers were active in booking sponge iron, likely drawn by increasing spot…