Author: Prashasti Giri
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India: BigMint’s billet index falls by INR 300/t d-o-d amid weak demand – 8 Dec
Weak demand in semis weighs on spot prices Finished steel prices drop by INR 200/t in Raipur BigMint’s billet index fell by NR 300/tonne (t) day-on-day (d-o-d) to settle at INR 36,650/t exw-Raipur on 8 December. Persistently weak market sentiment kept activity muted throughout the day, with enquiries remaining low as the semi-finished steel segment…