Author: Bhupesh Agrawal

BigMint’s latest bi-weekly assessment highlights a notable upswing in iron ore concentrate prices (Fe 62%) in the Jabalpur region. Prices surged by INR 150/t ($2.5/t) w-o-w to INR 5,200/t ($58/t) ex-works Jabalpur. BigMint’s billet index extended its upward momentum and rising by INR 300/t day-on-day to INR 41,250/t exw-Raipur. The conversion spread from pellet-based sponge…