Author: Sakshi Singh

BigMint’s billet index dropped by INR 100/tonne (t) to INR 39,400/t ($475/t) exw-Raipur on 24 February, 2024. The index fell as purchasers were hesitant to buy material at increased prices. However, moderate buying activity persisted in the market. Price correction and selling pressure was evident in sponge and finished materials. About 2,250 t of transactions…