Category: Semi Finished

BigMint’s billet index rose by INR 200/t d-o-d to INR 45,600/t exw-Raipur. The conversion spread between sponge iron (PDRI) and billet for standalone induction furnaces in the Raipur cluster was assessed at INR 16,200/t. Sponge iron prices fell by INR 50-300/t d-o-d across regions. BigMint’s Raipur PDRI price settled at around INR 29,400/t, down marginally…