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India: Billet index records moderate recovery amid improved buying

Source: BigMint May 27, 2026 14:00

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Improved finished steel demand lifts market sentiment. Sponge iron prices edge higher amid stronger demand

Billet index recorded a moderate recovery of INR 400/t d-o-d, rising to INR 39,050/t exw-Raipur on 25 May 2026, as buying activity improved across the semi-finished steel segment after around two weeks of muted trading. Bookings gathered momentum at varied offers, particularly during the second half of the trading session

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Price Curve

Daily Prices

Square billet prices: China's major cities

May 27, 2026 17:23
Square billet EXW prices: Tangshan major mills

May 27, 2026 17:21
Major steel product prices: Guangdong

May 27, 2026 17:15
Construction steel prices: Huizhou

May 27, 2026 17:15
Construction steel procurement prices: Changchun

May 27, 2026 17:14

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