Author: Bhupesh Agrawal

BigMint’s latest bi-weekly assessment for India’s Fe 62% iron ore concentrate stood at INR 5,000/tonne (t) ($56/t) ex-works Jabalpur, inching up by INR 50/t ($0.5/t). BigMint’s billet index recovered by INR 150/tonne (t) d-o-d to INR 39,150/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 15,300/t. BigMint’s domestic end-cutting…