Author: Bhupesh Agrawal

BigMint’s billet index rose by INR 150/tonne (t) d-o-d to INR 34,900/t exw-Raipur. The conversion spread from PDRI to billet for standalone induction furnaces in Raipur was assessed at INR 12,100/t. Indian sponge iron prices displayed mixed movements, prices in central India increased by INR 100-250/tonne (t) and correcting by INR 100-150/t in eastern and…