Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further on optimistic trends – 24 Dec
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,900/tonne (t) (+ INR 500) exw-Rourkela on 24 December, 2022. About 2,800 t of transactions were recorded today as against 4,605 t on 23 December. The index rose due to optimism in the market as producers kept prices high and several deals took place. In…