Author: Lipsita Nayak

According to BigMint’s latest assessment, Fe 57% iron ore fines prices declined by INR 50/t ($0.5/t) w-o-w to INR 2,650/t ($28/t) ex-mines. In contrast, Fe 62% fines prices increased by INR 150/t ($1.5/t) w-o-w to INR 5,400/t ($56/t) ex-mines. BigMint’s billet index increased by INR 550/t d-o-d to INR 45,750/t exw-Raipur. The conversion spread between…