Author: Bhupesh Agrawal

India’s billet market continued to face downward pressure, as BigMint’s daily billet index dropped by INR 200/tonne (t) day-on-day, settling at INR 38,300/t exw-Raipur. Indian sponge iron prices dropped by INR 50-400/t today in all major locations. PDRI market prices closed at a range of INR 22,000-25,500/t and CDRI prices at INR 24,200-29,300/t. BigMint’s domestic…