Category: Semi Finished

BigMint’s billet index declined marginally by INR 50/t d-o-d to INR 38,100/t exw-Raipur. The conversion spread from sponge iron (PDRI) to billets for standalone induction furnaces in Raipur was assessed at INR 14,200/t. The Indian sponge iron market witnessed a sluggish trading session today, though prices in key regions rose marginally by INR 100-200/t. BigMint…