Author: Prashasti Giri
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India: BigMint’s billet index recorded increase on modest buying activity
Semis offers increased on cost push and nearby demand support Sponge iron gains on tighter availability and improved buying BigMint’s billet index increased by INR 200/t d-o-d to INR 39,000/t exw-Raipur on 17 August 2026, supported by a modest improvement in buying activity across the semi-finished steel segment. Although market sentiment remained volatile amid mixed…