Author: Romil Sethi

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 34,200/tonne (t) (+650) exw Rourkela on 17 Jan’22. About 3,700 t of transactions in CDRI were recorded by SteelMint today against 1,400 t on 15 Jan. The index rose on account of a surge in prices of raw materials (iron ore) in OMC’s latest auction.…