Author: Manish Vasdev

The 16-20% hike in Chhattisgarh’s power charges has led to rise in MS ingot/billet prices by INR 400/MT in last two days and may increase production cost by INR 600-800/MT in near-term. MS ingot/billet prices have gained momentum by INR 400/MT in last two days owing to recent hike in power tariff by 16-20% in…