Author: Bhupesh Agrawal

Pellet offers in Raipur for Fe63% (+/- 0.5%) material remained stable at INR 9,800-9,900/t ($112-114/t) exw. BigMint’s billet index rose a further INR 200/t, reaching INR 40,350/t exw-Raipur on 18 March 2025. Sponge iron prices in India increased by INR 100-450/tonne (t) d-o-d across markets today. Only Hyderabad witnessed a drop of INR 100/t. PDRI…