Category: Pellets

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 9,700/t ($108/t) DAP. Deals for around 25,000 t were concluded. BigMint’s billet index recovered d-o-d by INR 200/tonne (t) to settle at INR 39,700/t exw Raipur. The PDRI-to-billet conversion spread for the standalone induction furnaces in Raipur was assessed at INR 16,000/t. BigMint’s…