Author: Bhupesh Agrawal

BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,800/t DAP. Trade volume were recorded Around 36,000 t. BigMint’s billet index declined by INR 400/t d-o-d to INR 40,850/t exw-Raipur. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at around INR…