Author: Prashasti Giri
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India: BigMint’s billet index plunges INR 200/t d-o-d amid weak demand – 11 Dec
Weak buying demand weighs on semis offers Finished steel weakens INR 100/t further in Raipur BigMint’s billet index fell INR 200/tonne day-on-day (d-o-d) to INR 36,350/t exw-Raipur on 11 December, as trading activity stayed weak despite lower offers resulting in overall weak sentiment. Buying interest was weighed down by muted downstream demand and cautious procurement…