Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,300/tonne (t) (+ INR 300) exw-Rourkela on 20 May. About 5,230 t of transactions in CDRI were recorded by SteelMint today against 3,550 t on 19 May. The index rose on the back of active demand and higher offers floated by suppliers. Producers kept prices…