Category: Pellets

PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained unchanged at INR 9,800/t ($107/t) DAP. BigMints billet index rose by INR 400/t d-o-d to INR 41,000/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 15,900/t. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, inched up by…