Category: Semi Finished

India: BigMint’s billet index extends decline as weak demand, competitive offers weigh on sentiment

Jul 10, 2026

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by

Prashasti Giri

in Semi Finished

Weak demand despite price correction in semis Finished steel weakens INR 300-500/t in Raipur BigMint’s billet index declined by INR 250/t day-on-day (d-o-d) to INR 37,600/t exw-Raipur on 10 July 2026, as subdued buying interest and persistent weakness in downstream steel demand continued to pressure the semi-finished steel market. Lower enquiry levels and cautious procurement…