Author: Romil Sethi
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SteelMint: Rourkela sponge iron index inches down on lower bids – 22 Dec
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 30,800/tonne (t) (- INR 50) exw-Rourkela on 22 December, 2022. About 2,300 t of transactions were recorded today as against 1,800 t on 21 December. The Rourkela sponge iron index has trended down due to a combination of factors. One of the main reasons are…