Author: Bhupesh Agrawal

Domestic Fe 62% iron ore concentrate prices in Jabalpur were assessed unchanged at INR 5,000/t ($56/t) ex-works. BigMint’s billet index slipping by INR 200/t d-o-d to INR 40,650/t exw Raipur. The conversion spread from sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at INR 15,850/t. Indias sponge iron (DRI) prices…