Author: Bhupesh Agrawal

BigMint’s latest bi-weekly assessment for India’s iron ore concentrate (Fe 62%) remained unchanged at INR 4,750/tonne ($53/t) ex-works Jabalpur. Sponge iron prices across India increased by INR 100-200/tonne (t). Trade volumes recorded around 12,000 t. BigMint’s billet index increased by INR 200/tonne (t) d-o-d to INR 36,900/t exw-Raipur. The conversion spread from PDRI to billet…