Author: Prashasti Giri

Negative cues from neighbouring markets weigh on sentiment Finished steel and sponge iron prices ease further BigMint’s billet index declined by INR 250/t day-on-day to INR 40,500/t exw-Raipur on 23 February 2026, as weakening sentiment in neighbouring regions and thin enquiries exerted pressure on spot offers in the semi-finished steel segment. Market participants reported that…