Category: Semi Finished
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India: BigMint’s billet index rises INR 350/t d-o-d amid supply constraints
Power shortages constrain billet availability Weak buying limits broader market recovery BigMint’s billet index increased by INR 350/t d-o-d to INR 44,500/t exw-Raipur on 14 October 2026, supported by constrained billet availability due to power shortages affecting production. However, weak buying interest across semi-finished and finished steel segments limited the broader market recovery. The market…