Author: Bhupesh Agrawal

BigMint’s billet index recorded a marginal d-o-d decline of INR 50/tonne (t) to INR 37,800/t exw-Raipur, the conversion spread from PDRI to billets for standalone induction furnaces in Raipur was assessed at INR 12,700/t. India’s sponge iron prices exhibited mixed trends across the country, Spot offers declined by INR 150-500/t across various regions, however, southern…