Author: Prashasti Giri
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India: BigMint’s billet index eases further by INR 200/t on softening demand
Lower bids and muted demand weigh on spot prices Finished steel prices drop INR 300/t in Raipur BigMint’s billet index declined further on 21 January 2026, slipping by INR 200/t d-o-d to INR 40,650/t exw, as weak downstream demand continued to weigh on market sentiment. Trading activity in the semi-finished steel segment remained subdued, with…