Category: Semi Finished

BigMint’s billet index increased marginally by INR 200/t day-on-day to INR 41,900/t exw-Raipur. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at around INR 15,250/t. Indian sponge iron prices displayed a mixed trend across regions. Prices increased by up to INR 400/t in the Chennai…