Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 34,000/tonne (t) (- INR 100) exw-Rourkela on 11 October, 2022. About 1,200 t of transactions were recorded today as against 2,200 t on 10 October. The ongoing price volatility is turning market participants cautious, which is ultimately leading to limited enquiries. The index, as a…