Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 10,350/t ($118/t) DAP. Deals for around 26,000 t were concluded. BigMint’s billet index dropped marginally by INR 50/tonne (t) to INR 37,000/t exw-Raipur. The conversion spread from sponge iron (PDRI) to billets for standalone induction furnaces in the Raipur cluster was assessed at…