Category: Uncategorized

BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, remained stable at INR 10,300/t ($116/t) DAP. Deals for around 10,000 t of Odisha-origin material were recorded. BigMint’s billet index declined by INR 300/t d-o-d, settling at INR 35,500/t exw-Raipur. The PDRI-to-billet spread for standalone induction furnaces in Raipur was assessed at INR 12,150/t. Indian sponge iron…