Category: Semi Finished
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India: BigMint’s billet index weakens further by INR 300/t d-o-d on soft demand
Durga Puja may slow overall trading activity Finished steel, sponge iron prices soften BigMint’s billet index declined by a further INR 300/t d-o-d, settling at INR 43,800/t exw-Raipur on 16 October 2026, as weak downstream demand and tepid enquiries continued to weigh on market sentiment. Amid uncertainty over a near-term demand recovery, most buyers maintained…