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India: Billet index declines on weak demand, subdued market sentiment

Source: BigMint Apr 27, 2026 09:00

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Buyers stay on sidelines, wait for price clarity. Finished steel prices fall by INR 100-200/t d-o-d

Billet index in Raipur declined by INR 300/t d-o-d to INR 42,150/t exw on 23 April 2026, as weak demand and subdued market sentiment continued to weigh on spot offers. Market activity remained sluggish throughout the session, with muted buying interest and limited enquiries across the semi-finished steel segment. Participants

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