Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,800/tonne (t) (+ INR 450) exw Rourkela on 12 August, 2022. About 4,250 t of transactions in CDRI were recorded by SteelMint today against 5,740 t on 10 August. The index rose as manufacturers hiked domestic sponge iron offers and, given decent demand, producers are…