Author: Sakshi Singh

BigMint’s billet index dropped further by INR 350/t to INR 41,600/t exw-Raipur on 9 October 2024. Sluggish buying in semi-finished and finished steel was the main cause of today’s drop, though some bookings at lower rates were noted. Due to the unsupportive response in finished steel, market participants adopted a cautious outlook, expecting additional corrections…