Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls by INR 200/t on weak buying – 20 Dec

Dec 20, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 31,050/tonne (t) (- INR 200) exw-Rourkela on 20 December, 2022. About 1,000 t of transactions were recorded today as against 1,800 t on 19 December. The Rourkela sponge iron index fell on account of limited trades as buyers are engaged in need-based procurement to fulfil…