Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,900/tonne (t) (- INR 250) exw Rourkela on 3 May’22. About 1,170 t of transactions in CDRI were recorded by SteelMint today against 1,200 t on 2 May. The index moved down on weak enquiries following price correction in billet by INR 1,000/t today. Thus,…