Author: Bhupesh Agrawal

BigMint’s billet index climbed up by INR 300/tonne, settling at INR 38,100/t exw-Raipur. The conversion spread from PDRI to billets for standalone induction furnaces in Raipur was assessed at INR 13,050/t, reflecting a marginal improvement. ndia’s sponge iron market witnessed a positive movement, Spot offers increased by INR 100-500/t across key regions, with Rourkela (CDRI)…