Author: Sakshi Singh
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India: BigMint’s billet index hits 1-year high – 6 May
Buying activity improves in finished steel Sponge iron prices increase driving offers higher BigMint’s billet index hit a new high for this year on 6 May, reaching INR 45,550/tonne (t) exw-Raipur. The index experienced a significant increase today, driven by improved buying activity in the finished steel segment. Additionally, a further increase in sponge iron…