Author: Bhupesh Agrawal

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, inched down by INR 50/t ($0.5/t) to INR 9,650/t ($108/t) DAP. BigMint’s billet index rose further by INR 100/t d-o-d, settling at INR 35,950/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,350/t. The Indian sponge iron market continued to witness…