Tag: BigMint’s billet index plunges to nearly 5-year lows on sustained steel market downtrend

India’s semi-finished steel market continued to reel under sustained pressure even in the festive month of October 2025, with BigMints benchmark Raipur billet (100×100 mm, IS 2831) index plunging to its lowest level in four years and eight months to a weighted average of INR 35,600/t exw-Raipur in October (till date), a low last witnessed…