Author: Prashasti Giri
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India: BigMint’s billet index edges up on improved buying activity
Finished steel prices rise by INR 200-500/t Higher sponge iron prices offer cost support BigMint’s billet index rose by INR 200/t d-o-d to settle at INR 40,050/t exw-Raipur on 14 May 2026, supported by improved buying interest and moderate bookings in the semi-finished steel segment amid slightly better sentiment in finished steel. The market remained…