Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 34,400/tonne (t) (- INR 250) exw-Rourkela on 19 September, 2022. About 1,200 t of transactions were recorded today as against 1,020 t on 16 September. Market participants have become cautious due to the consistent price corrections which eventually resulted in fewer enquiries. Hence, an overall…