Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at NR 10,800/tonne (t) ($117/t) DAP. Raipur based pellet producers sold around 33,000 t pellet at INR 10,600-10,700/t exw. BigMints billet index edged lower by INR 50/t d-o-d, settling at INR 42,150/t exw-Raipur. The conversion spread from pellet-based sponge iron (PDRI) to billets for…