Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 32,650/tonne (t) (- INR 350) exw-Rourkela on 4 November, 2022. About 1,550 t of transactions were recorded today compared to 950 t on 3 November. Although trade volumes improved marginally d-o-d, these remained below average which led to a drop in offers today. Market participants…