Author: Prashasti Giri

Muted downstream demand weighs on semis Finished steel prices extend decline in Raipur BigMint’s billet index in Raipur declined by INR 300/t day-on-day to INR 40,250/t exw on 12 May 2026, as weak downstream demand and cautious buying sentiment continued to pressure semi-finished steel prices. Despite lower spot offers, buying interest remained weak, with transactions…