Category: Billet

BigMint’s billet index in Raipur declined by INR 200/t day-on-day to INR 41,750/t ex-works. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at around INR 15,950/t. Domestic sponge iron prices declined by INR 100-700/t across regions. The recorded trade volume today stood at around 7,900…