Author: Prashasti Giri
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India: BigMint’s billet index rises INR 50/t d-o-d amid weak demand
Power disruptions tighten billet spot availability Weak finished steel demand limits buying interest BigMint’s billet index increased by INR 50/t d-o-d to INR 45,800/t exw-Raipur on 7 October 2026, as uneven power outages reduced billet availability in the spot market and provided slight support to prices despite weak demand. The billet index remained stable during…