Author: Prashasti Giri
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India: BigMint’s billet index falls sharply amid year-end pressure, weak buying
Buyer resist elevated offers in semis Finished steel prices fall by INR 500-600/t BigMint’s billet index dropped sharply by INR 550/t day-on-day to INR 41,800/t exw-Raipur on 31 March 2026, as subdued market activity and cautious buyer sentiment weighed on the semi-finished steel segment. Trading activity remained largely muted, with buyers resisting elevated offer levels…