Category: Fines/Lumps

As per BigMint’s latest bi-weekly assessment, Fe 62% concentrate held at INR 5,250/t ($55/t) ex-works. Sponge iron prices dropped by INR 50-300/t (t) d-o-d across regions. BigMint recorded trade volumes of around 10,200 t. BigMint’s billet index declined marginally by INR 50/t d-o-d to INR 42,150/t exw. The conversion spread from pellet-based sponge iron (PDRI)…