Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises INR 100/t on active bookings – 28 Dec
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 32,500/tonne (t) (+ INR 100) exw-Rourkela on 28 December, 2022. About 5,300 t of transactions were recorded today as against 5,720 t on 27 December. Active demand and an increase in offers quoted by the manufacturers kept the index strong. Strong demand resulted in higher…