Author: Prashasti Giri

India: BigMint’s billet index up INR 300/t d-o-d, buyers turn cautious amid higher offers

Feb 4, 2026

—

by

Prashasti Giri

in Semi Finished

Inquiries for semis thin amid elevated offers Sponge iron prices in Raipur rise INR 750/t d-o-d BigMint’s billet index extended its upward momentum on 4 February 2026, rising by INR 300/t day-on-day to INR 41,250/t exw-Raipur, though market sentiment turned cautious amid limited buying interest at higher price levels. Trading activity remained selective, with most…