Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,500/tonne (t) (=) exw Rourkela on 7 May’22. About 1,900 t of transactions in CDRI were recorded by SteelMint today against 4,600 t on 6 May. The index remained stable on limited trades. There was lack of confidence among market participants about price movements. Thus,…