Author: Prashasti Giri
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India: Chhattisgarh’s power tariff hike to increase production costs in steel value chain
Billet production costs may rise INR 300-360/t, re-rolling up INR 48-60/t Producers may raise offers but weak demand could limit cost pass-through A 40 paise/unit (INR 0.40/kWh) increase in industrial electricity tariffs in Chhattisgarh, effective 1 July 2026, is likely to have a direct impact on the cost structure of power-intensive steel value chain participants,…