Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,250/tonne (t) (- INR 400) exw-Rourkela on 5 August, 2022. About 850 t of transactions were recorded today against 2,890 t on 4 August. A sharp correction in semi-finished steel prices in north India and lack of buying enquiries for sponge iron due to weak…