Author: Sakshi Singh
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India: BigMint’s billet index rises by INR 200/t ($2/t) – 9 Mar’24
Improved w-o-w trades support price level Segment price trends On 9 March, 2024, BigMint’s billet index rose by INR 200/t, reaching INR 40,400/t exw-Raipur. The uptick was propelled by a w-o-w improvement in finished steel trade, buoying semi-finished prices, despite a moderate d-o-d trade level. Transaction volumes totalled 2,050 t, slightly lower than the previous…