Author: Sakshi Singh
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India: BigMint’s billet index drops by INR 350/t d-o-d – 4 June’24
Weak enquiries in spot market Sponge iron prices are stable BigMint’s billet index declined by INR 350/tonne (t) to INR 45,000/t exw Raipur on 4 June, 2024. The index witnessed a decline today, primarily due to the announcement of election results, which contributed to the downward market sentiments. Weak buying inquiries throughout the day kept…