Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 10,300/t ($117/t) DAP. Deals for around 5,000 t were recorded in the Raipur market. BigMint’s billet index slipped further by INR 250/t d-o-d, settling at INR 36,500/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,500/t. BigMint’s…