Author: Bhupesh Agrawal

BigMint’s billet index declined sharply by INR 600/t d-o-d, reaching INR 41,500/t exw-Raipur, due to weakened market sentiments and subdued demand. Indian sponge iron prices declined by INR 50-900/tonne (t) across major locations. Buyers remained cautious in an uncertain market environment, leading to a decline in sponge iron prices. PDRI prices were assessed at INR…