Author: Prashasti Giri

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 29,400/tonne (t) (- INR 450) exw-Rourkela on 18 November, 2022. About 1,200 t of transactions were recorded today as against 500 t on 17 November. The index fell on lower bids and spot trade volumes remained lower then average resulting in offers softening further. Market…