Author: Prashasti Giri
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India: BigMint’s billet index rises marginally despite weak demand
Power tariff hike supports offers, while weak buying limits upside Finished steel prices increase, but billet demand remains restrained BigMint’s billet index edged up by INR 100/t d-o-d to INR 38,800/t exw-Raipur on 16 June 2026, supported by the recent industrial power tariff hike announced by the Chhattisgarh State Electricity Regulatory Commission, effective 1 July…