Category: Semi Finished
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India: BigMint’s billet index declines further amid modest buying activity
Buyers delay purchases amid expectations of further price drops Finished steel prices decline by INR 400-700/t on weak demand BigMint’s billet index declined by INR 150/t d-o-d to INR 41,950/t exw-Raipur on 2 September 2026. Market activity remained slow as buyers delayed purchases amid expectations of further price adjustments and weak downstream orders. However, sentiment…