Author: Prashasti Giri
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India: BigMint’s billet index remains stable despite weak buying sentiment
Demand softens as sellers try to raise offers Finished steel prices fall by INR 100/t d-o-d BigMint’s billet index was steady d-o-d at INR 40,650/t exw-Raipur on 2 February 2026, even as weak demand and cautious buyer sentiment limited market participation. Trading activity stayed thin throughout the day, reflecting restrained procurement across key consuming regions.…