Author: Romil Sethi
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SteelMint: Rourkela sponge iron falls further on falling steel prices – 21 Dec
SteelMint’s daily sponge iron, CDRI index was assessed at INR 30,850/tonne (t), down by INR 200/t exw-Rourkela on 21 December, 2022. About 1,800 t of transactions were recorded today as against 1,000 t on 20 December. Although the index fell due to falling steel prices, trades improved as a few buyers resumed purchases, resulting in…