Category: Semi Finished
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India: BigMint’s billet index declines INR 350/t d-o-d amid weak demand – 6 Mar
Buyers find prevailing offers excessively high Sponge iron prices decline by INR 300/t d-o-d BigMint’s billet index dropped by INR 350/tonne (t) d-o-d today, to INR 40,050/t exw-Raipur on 6 March 2025. The billet index corrected downward today, driven by subdued demand in the semi-finished and finished steel segments. Buyers found prevailing offers unreasonably high,…