Author: Bhupesh Agrawal

BigMint’s bi-weekly assessment for India’s iron ore concentrates (Fe 62%) remained steady at INR 4,700/tonne ($53/t) ex-works Jabalpur. Odisha Mining Corporation (OMC) has scheduled an auction of 2.94 mnt of iron ore. BigMint’s billet index softening by INR 150/t d-o-d to close at INR 35,550/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur…