Author: Romil Sethi

SteelMint: Rourkela sponge iron index edges down as buyers turn cautious – 16 Dec

Dec 16, 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 100) exw-Rourkela on 16 December, 2022. About 1,500 t of transactions were recorded today as against 1,050 t on 15 December. Rourkela sponge iron index fell as market participants turned cautious and have been waiting for clearer market directions to emerge…