Author: Bhupesh Agrawal

BigMint’s billet index inched up by INR 100/t d-o-d to INR 36,850/t exw-Raipur, The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,150/t. Sponge iron prices across India slipped by INR 100-200/t d-o-d. Daily trade volumes were assessed at around 11,000 t. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh…