Category: Semi Finished
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India: BigMint’s billet index declines by INR 400/t d-o-d on weak demand
Weak finished steel demand pressures billet prices Rebar, wire rod and sponge iron prices decline BigMint’s billet index declined by INR 400/t d-o-d to INR 44,100/t exw-Raipur on 15 October 2026, as subdued demand and limited enquiries kept market activity slow. Weak finished steel offtake pressured buyer bids, prompting sellers to lower offers to stimulate…