Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 32,200/tonne (t) (- INR 300) exw-Rourkela on 7 November, 2022. About 3,400 t of transactions were recorded today as against 770 t on 5 November. Even though the index fell, spot trades today significantly outperformed Saturday. In response to rising steel prices in the Punjab…