Author: Prashasti Giri
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India: BigMint’s billet index rises INR 150/t d-o-d amid tighter supply
Power shortages hamper billet production, prompting sellers to raise offers Billet demand slows at higher prices; finished steel prices rise but buying stays limited BigMint’s billet index increased by INR 150/t d-o-d to INR 45,750/t exw-Raipur on 6 October 2026, as tighter supply supported higher offers despite limited demand at elevated prices. Market activity remained…