Author: Bhupesh Agrawal

BigMint’s billet index inched up by INR 100/t d-o-d, settling at INR 36,600/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 13,400/t. The Indian sponge iron market began September on a subdued tone, with prices declining by INR 50-150/t across major hubs. Confirmed deals totalled around 6,600 t, underscoring…