Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls further on falling steel prices – 2 Dec
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,000/tonne (t) (- INR 100) exw-Rourkela on 2 December, 2022. About 2,300 t of transactions were recorded today as against 1,800 t on 1 December. While the index dropped, trade volumes improved marginally but remained below average, and offers softened as a result. Market participants…