Author: Bhupesh Agrawal

As per BigMint’s bi-weekly assessment, Fe 62% iron ore concentrate prices edged down by INR 50/t to INR 5,250/t ($56/t) exw. A deal for around 24,000 t of Fe 62% was heard concluded at INR 5,300/t ($57/t). BigMint’s billet index extended its uptrend,  rising by INR 200/t d-o-d to INR 42,450/t exw-Raipur. The conversion spread…