Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds on active demand – 17 Dec
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 31,400/tonne (t) (+ INR 350) exw-Rourkela on 17 December, 2022. About 4,040 t of transactions were recorded today as against 1,500 t on 16 December. The index rose on the back of active demand and price recovery in the northern region of India, specifically Punjab.…