Author: Prashasti Giri
-

India: BigMint’s billet index declines by INR 350/t d-o-d on limited demand
Limited buying kept semis price under pressure Finished steel prices fell INR 100-200/t in Raipur BigMint’s billet index in Raipur declined sharply by INR 350/t day-on-day to INR 40,650/t exw on 27 January, as muted downstream demand continued to exert pressure on the semi-finished steel market. Trading activity remained limited, with buyers holding back larger…