Author: Sakshi Singh
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India: BigMint’s billet index drops further by INR 100/t d-o-d – 24 May
Index declines due to muted demand Finished steel prices remain stable d-o-d On May 24, 2024, BigMint’s billet index fell by INR 100/t to INR 44,400/t exw-Raipur. Today, the index witnessed a further decline due to weak market sentiments and muted demand leading to a slowdown in offers. Only limited buying was observed in the…