Author: Sakshi Singh
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India: BigMint’s billet index drops INR 350/t d-o-d – 3 July
BigMint’s billet index fell by INR 350/t to INR 40,400/t exw-Raipur on 3 July, 2024. The index today declined slightly primarily due to limited buying activity in both the semi-finished and finished steel markets. This decline in demand led to downward adjustments in offers in the spot market. Market participants are maintaining a cautious outlook,…