Category: Semi Finished

BigMint’s billet index in Raipur edged lower by INR 100/t day-on-day to INR 38,800/t exw. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone induction furnaces in the Raipur cluster was assessed at around INR 14,350/t. India’s sponge iron prices declined by INR 50-250/t d-o-d across major regions. Trade volume recorded at…