Author: Lipsita Nayak

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63% +/- 0.5%) index for Raipur remained unchanged at INR 11,250/t DAP Raipur. Around 20,000 t of pellet deals for (Fe 63% +/- 0.5%) were reported during the assessment period. BigMint’s billet index fell by INR 350/t d-o-d to INR 40,000/t exw-Raipur. The conversion spread from sponge iron (PDRI)…