Author: Bhupesh Agrawal

BigMint’s latest bi-weekly assessment for India’s iron ore concentrate (Fe 62%) prices are unchanged at INR 4,800/tonne (t) ($53/t) ex-works Jabalpur. BigMint’s billet index posted a modest gain of INR 100/tonne (t) day-on-day (d-o-d), settling at INR 36,550/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 13,450/t. BigMint’s domestic…