Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 10,300/t ($116/t) DAP. Deals for around 5,000 t were recorded in the Raipur market. BigMint’s billet index declined by INR 150/t d-o-d, settling at INR 36,050/t exw-Raipur. The sponge iron(PDRI)-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,050/t. The…