Author: Sakshi Singh
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India: BigMint’s billet index declines further by INR 350/t amid limited buying – 5 July
BigMint’s billet index dropped further by INR 350/t, reaching INR 39,850/t exw-Raipur on 5 July, 2024. The index showed a further decline today, primarily due to weak buying in both semi-finished and finished steel. Although a few bookings at lower offerings were recorded on d-o-d basis, overall sentiments remained slow. This reduction in demand has…