Author: Bhupesh Agrawal

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained unchanged at INR 9,800/t ($108/t) DAP. Indias sponge iron (DRI) prices eased by INR 200-500/tonne (t) d-o-d across regions. Daily trade volumes estimated around 8,650 t. BigMint’s billet index declined further by INR 300/t d-o-d to INR 40,850/t exw-Raipur. The P-DRI to billet conversion spread for…