Author: Bhupesh Agrawal
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BigMint’s daily trade sheet – 3 Feb’26
BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, inched up by INR 150/t ($1.5/t) to INR 10,150/t ($110/t) DAP. Around 22,000 t of pellet deals (Fe 63%) were concluded. BigMint’s billet index increased by INR 300/t day-on-day to INR 40,950/t exw-Raipur. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction…