Author: Prashasti Giri
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India: BigMint’s billet index slips further on muted demand
Weak buying persists despite price correction Finished steel prices fall by INR 100/t in Raipur BigMint’s billet index declined by INR 150/t day-on-day to INR 41,550/t exw-Raipur on 12 February 2026, as subdued demand and cautious buyer sentiment continued to weigh on the semi-finished steel market. Trading activity remained slow throughout the session, with buyers…