Category: Billet
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India: BigMint’s billet index drops further on weakening finished steel prices
Lower bids drag down spot offers in market Finished steel prices drop INR 300-500/t in Raipur BigMint’s billet index fell further by INR 450/t day-on-day to INR 40,400/t exw-Raipur, taking the cumulative decline to nearly INR 1,150/t so far this week, as weakening sentiment and reduced participation continued to pressure the semi-finished steel market. Trading…