Category: Semi Finished
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India: BigMint’s billet index increases by INR 150/t d-o-d despite limited buying – 20 Feb
Finished demand remains slow Market resists higher offers BigMint’s billet index rose slightly by INR 150/tonne (t) today, to INR 39,250/t exw-Raipur on 20 February 2025. The billet index experienced a slight increase today following the iron ore auction from the Odisha Mining Corporation (OMC), where fines bids climbed up m-o-m. Participants initially expected an…