Author: Prashasti Giri
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India: BigMint’s billet index softens further amid weak buying, competitive regional offers
Limited demand and competitive offers weigh on prices Finished steel and sponge iron prices weaken in Raipur BigMint’s billet index declined by INR 100/t d-o-d to INR 38,850/t exw-Raipur on 1 July 2026, as weak buying interest and limited market participation continued to pressure the semi-finished steel market. Lower enquiries, competitive offers from neighbouring markets,…