Author: Bhupesh Agrawal

BigMint’s billet index recorded a d-o-d gain of INR 300/tonne (t), settling at INR 36,350/t exw-Raipur. The conversion spread from sponge iron (PDRI) to billet for standalone induction furnaces in Raipur was assessed at INR 13,850/t. India’s sponge iron market recorded a mixed price trend  In the eastern and central region, prices increased by INR…