Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 9,450/t ($105/t) DAP. Around 20,000 t of pellets (Fe 62.5%, low-phosphorous) was sold. BigMint’s billet index declined further by INR 200/tonne (t) d-o-d, dropping to INR 36,150/t exw-Raipur. The conversion spread from sponge iron (PDRI) to billets for the standalone furnaces in the…