Author: Bhupesh Agrawal

BigMint’s bi-weekly assessment for India’s iron ore concentrates remained stable at INR 4,700/tonne (t) ($53/t) exw-Jabalpur. Deals for around 20,000-24,000 t were concluded at around INR 4,600-4,700/t exw. Indian sponge iron prices continued to decline by INR 50-300/tonne (t) d-o-d. Daily trade volume was assessed at around 10,000 t. BigMint’s billet index declined by INR…