Author: Prashasti Giri

Transport constraints impact fresh bookings Finished steel prices soften, sponge iron edges higher BigMint’s billet index remained unchanged at INR 40,050/t exw-Raipur on 15 May 2026, as buying activity stayed muted with market participants delaying fresh bookings amid concerns over transport disruptions caused by fuel shortages and limited vehicle availability. Market activity remained subdued throughout…