Author: Bhupesh Agrawal

BigMint’s bi-weekly iron ore concentrate index was stable at INR 4,800/tonne (t) ($54/t) exw-Jabalpur. Meanwhile, Fe 63% iron ore concentrate prices are hovering in the range of INR 4,950-5,100/t ($56-58/t) exw. BigMint’s billet index stayed unchanged d-o-d at INR 37,000/tonne (t) exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR…