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 42,000 t were recorded in the Raipur market. BigMint’s billet index inched up by INR 50/tonne (t) d-o-d to INR 36,850/t exw-Raipur. The conversion spread from PDRI to billets for standalone induction furnaces in Raipur was assessed…