Category: Semi Finished
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India: BigMint’s billet index strengthens further amid modest buying on elevated offers
Higher market volatility pushed up spot offers Finished steel and sponge iron prices extend gains BigMint’s billet index extended further gains, increasing by INR 200/t day-on-day to INR 39,550/t exw-Raipur on 27 May 2026, supported by heightened market volatility and a sharp rise in spot offers across the semi-finished steel segment. Market participants highlighted that…