Author: Prashasti Giri

India: BigMint’s billet index declines by INR 350/t d-o-d on weak demand – 19 Jan

Jan 19, 2026

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by

Prashasti Giri

in Semi Finished

Weakening demand weighs on spot prices Finished steel market sees mixed response in Raipur BigMint’s billet index declined sharply by INR 350/tonne d-o-d to INR 41,150/t exw-Raipur on 19 January 2026, as market activity remained subdued on weakening demand and lower participation across the semi-finished steel segment. The correction was largely driven by a build-up…