Author: Bhupesh Agrawal

BigMint’s latest bi-weekly assessment, Fe 62% concentrate prices rose marginally by INR 50/t ($0.5/t) to INR 5,300/t ($57/t) ex-works, while higher-grade Fe 63% material was quoted in the range of INR 5,600-5,700/t ($61-62/t). BigMint’s billet index in Raipur declined sharply by INR 650/t d-o-d to INR 42,900/t ex-works. The conversion spread from pellet-based sponge iron…