Author: Prashasti Giri
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India: BigMint’s billet index weakens by INR 200/t d-o-d on subdued demand – 23 Dec
Buyers remain cautious on uncertainty regarding price direction Finished steel prices show mixed trends d-o-d, sponge iron drops BigMint’s billet index edged lower by INR 200/tonne (t) d-o-d to INR 37,700/t exw-Raipur on 23 December 2025, as subdued enquiries and cautious market sentiment weighed on overall activity. Despite minor price corrections in select trades, buyers…