Author: Romil Sethi

Sponge iron prices in Rourkela fell by INR 250/t to INR 31,500/t on 29 Dec’21. About 800 t of C-DRI (70% lumps & 30% fines) deals were confirmed at INR 31,500/t exw-Rourkela against offers at INR 31,800/t exw. Apart from limited buying interest, steel billet prices corrected lower by INR 250/t, d-o-d, which put pressure…