Category: Billet

BigMint’s billet index remained unchanged at INR 37,450/t exw-Raipur. The conversion spread between pellet-based direct reduced iron (PDRI) and billets for standalone induction furnaces in the Raipur cluster was assessed at INR 14,500/t. Indian sponge iron prices showed mixed trends across regions. Prices declined by INR 50-250/t d-o-d across most central and eastern markets. According…