Category: Pellets

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, fell by INR 350/t ($3.5/t) to INR 10,050/t ($106/t) DAP. BigMint recorded deals for around 70,000 t, concluded at INR 9,800-10,000/t ($103-105/t) exw-Raipur. BigMint’s billet index in Raipur declined marginally by INR 50/t day-on-day to INR 42,100/t exw. The conversion spread from pellet-based sponge iron…