Author: Prashasti Giri
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India: BigMint’s billet index plunges INR 400/t on weak buying interest
Lower bids pressure spot offers in semis Finished steel drops sharply in Raipur BigMint’s billet index declined sharply by INR 400/t day-on-day to INR 41,300/t exw-Raipur on 16 February 2026, as weakening buying interest and thin enquiries weighed on market sentiment. The semi-finished segment witnessed sustained pressure throughout the session, with buyers largely staying away…