Category: Billet

BigMint’s billet index declined by INR 100/t by INR 38,200/t exw-Raipur. The conversion spread between pellet-based direct reduced iron (PDRI) and billets for standalone induction furnaces in the Raipur cluster improved to INR 13,200/t. Domestic sponge iron prices declined by around INR 50-300/t. Raipur sponge iron prices were assessed at around INR 25,000/t exw Raipur,…