Author: Romil Sethi
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SteelMint: Rourkela sponge iron index moves up further on rising steel prices – 30 Nov
SteelMint’s daily sponge iron CDRI index was assessed at INR 31,350/tonne (t) (+ INR 450) exw-Rourkela on 30 November 2022. About 4,050 t of transactions were recorded today as against 3,250 t on 29 November. The index rose on the back of a rally in steel prices, active demand and higher offers floated by suppliers.…