Author: Romil Sethi
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SteelMint: Rourkela sponge iron index dips on weak purchase enquiries – 1 Dec
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,100/tonne (t) (- INR 250) exw-Rourkela on 1 December, 2022. About 1,800 t of transactions were recorded today as against 4,050 t on 30 November. The index was weighed down by lower purchase enquiries and a significant price adjustment in the northern region. Spot trading…