Author: Prashasti Giri

India: BigMint’s billet index declines by INR 200/t d-o-d amid weak demand – 12 Jan

Jan 12, 2026

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by

Prashasti Giri

in Semi Finished

Lower billet offers fail to revive demand Finished steel prices fall by INR 100-300/t BigMint’s billet index edged lower by INR 200/tonne (t) d-o-d to INR 39,500/t exw-Raipur on 12 January 2026, as overall market activity remained subdued due to weak demand and limited participation across the semi-finished steel segment. Despite marginally lower spot offers,…