Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,450/tonne (t) (- INR 150) exw-Rourkela on 17 October, 2022. About 1,620 t of transactions were recorded today as against 200 t on 15 October. The index decreased as a result of lower-than-average trade volumes and softening offers. Market participants were uncertain about price trends…