Author: Romil Sethi

India: Conversion spread of billets makers rise up to 30% in Mar’22

Apr 2, 2022

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by

Romil Sethi

in Billet

The conversion spread from sponge iron to billets rose by 20% m-o-m in Raipur and about 29% in Durgapur in Mar’22. In Feb’22 also, the conversion spread edged up by 5-6% in both regions. The monthly average conversion spread from sponge P-DRI (pellet based DRI) to billets in Raipur stood at around INR 16,250/t and…