Author: Prashasti Giri

India: BigMint’s billet index rises by INR 1,300/t d-o-d on improved demand – 1 Jan

Jan 1, 2026

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by

Prashasti Giri

in Semi Finished

Volatile market sentiment boosts steel demand Finished steel prices jump INR 1,000/t in Raipur BigMint’s billet index recorded a sharp increase of INR 1,300/tonne (t) d-o-d, settling at INR 40,450/t exw-Raipur on 1 January 2026. The rally was driven by improved bookings and stronger demand from neighbouring regional markets, which significantly lifted spot offers. Market…