Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further on higher offers – 27 Dec
SteelMint’s daily sponge iron CDRI index was assessed at INR 32,400/tonne (t) (+ INR 400) exw-Rourkela on 27 December, 2022. About 5,720 t of transactions were recorded today as against 4,650 t on 26 December. The uptick in the index can be attributed to active demand and higher offers from suppliers. A rise in steel…