Author: Prashasti Giri

Persistent weakness in semis drags market sentiment Limited enquiries in finished steel and DRI weigh on prices BigMint’s billet index declined by INR 200/t day-on-day to INR 40,800/t exw-Raipur, as continued weakness in downstream demand kept sentiment subdued across the semi-finished steel segment. Despite successive price corrections, buying activity remained muted. Most participants refrained from…