Author: Bhupesh Agrawal

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained unchanged at INR 9,800/t ($107/t) DAP. deal for around 20,000 t of low-phosphorus pellets (Fe 62.5%) was concluded. BigMints billet index in Raipur declined sharply by INR 350/t day-on-day to INR 40,650/t exw. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction…