Author: Sakshi Singh

India: BigMint’s billet index decreases by INR 200/t ($2.4/t) – 12 Mar’24

Mar 12, 2024

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by

Sakshi Singh

in Billet

Cautious stance adopted by participants Weak demand in finished segment BigMint’s billet index decreased by INR 200/t, reaching INR 40,000/t exw-Raipur on 12 March, 2024. The index witnessed a significant decline today in semi-finished and finished steel, primarily driven by weak demand and downward sentiments from the northern market. Buying activity and inquiries remained slow,…