Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,000/tonne (t) (- INR 500) exw Rourkela on 18 May’22. A similar price range was last recorded during mid-Feb’22. About 2,600 t of transactions in CDRI were recorded by SteelMint today as against 4,310 t on 17 May. The index fell because of persistent weakness…