Category: Sponge Iron

India’s sponge iron prices showed a mixed trend, prices increased by INR 50-200/t in the central and eastern regions, while the southern market witnessed a decline of INR 100-200/t. BigMint’s billet index for Raipur increased by INR 300/t day-on-day to INR 42,150/t exw. The conversion spread from pellet-based sponge iron (PDRI) to billets for standalone…