Author: Bhupesh Agrawal

BigMint’s billet index declined by INR 400/tonne (t) d-o-d to INR 40,500/t exw-Raipur, amid limited buying and persistent weak demand. Indian sponge iron prices declined by INR 100-600/tonne (t) d-o-d across major locations. Prices continued to decline, as buyers remained wary in an unpredictable environment. PDRI prices closed within INR 23,700-27,300/t, while CDRI settled at…