Author: Sakshi Singh
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India: BigMint’s billet index up INR 500/t d-o-d despite limited buying – 2 July
BigMint’s billet index increased by INR 500/tonne (t) d-o-d to INR 40,750/t exw-Raipur on 2 July, 2024. The index witnessed a sudden spurt today, influenced by neighbouring markets, leading sellers to increase their spot offers. Despite this rise, buying activity in the semi-finished steel segment remained weak due to wide-ranging price fluctuations. Buyers adopted a…