Author: Romil Sethi
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SteelMint: Rourkela sponge iron index inches up on bullish trends – 9 Dec
SteelMint’s daily sponge iron, CDRI index was assessed at INR 32,000/tonne (t) (+ INR 100) exw-Rourkela on 9 December, 2022. About 2,500 t of transactions were recorded today as against 2,100 t on 8 December. The index rose due to optimism and bullish trends in the market. Producers kept prices strong as moderate deals took…