Author: Shikha Patle

Muted buying and weak downstream demand keep Sponge iron prices corrected on limited enquiries BigMint’s billet index declined by INR 200/t d-o-d to INR 38,600/t exw-Raipur on 6 August 2026, as subdued buying interest and persistent weakness in downstr eam steel demand continued to weigh on the semi-finished steel market. Despite further price corrections, fresh…