Author: Prashasti Giri

India: BigMint’s billet index rises INR 200/t d-o-d despite cautious buying

Oct 5, 2026

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by

Prashasti Giri

in Semi Finished

Higher raw material costs support billet offers Buyer interest weakens at elevated price levels BigMint’s billet index rose by INR 200/t d-o-d to INR 45,600/t exw-Raipur on 5 October 2026. Elevated raw material costs supported spot offers, but weak buying interest across semi-finished and finished steel segments limited further price momentum. Market sentiment remained volatile,…