Author: Prashasti Giri
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India: BigMint’s billet index extends decline on limited buying interest
Buyers continue to place lower bids Finished steel prices decline further in Raipur BigMint’s daily billet index declined further by INR 400/t d-o-d to INR 39,850/t exw-Raipur on 13 May 2026, as weak buying sentiment and slower market activity continued to weigh on the semi-finished steel segment despite lower spot offers. Trading activity remained weak…