Author: Prashasti Giri
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India: BigMint’s billet index recovers INR 50/t d-o-d on improved semi-finished bookings
About 7,500 t deals were recorded in billet exw-Raipur Finished steel recovery awaited for sustained momentum BigMint’s billet index rose by INR 50/t day-on-day to INR 40,550/t exw-Raipur on 20 February, recovering from intraday lows of INR 40,300-40,400/t, as improved bookings lent modest support to the semi-finished steel segment. Around 7,500 tonnes of billet deals…