Author: Romil Sethi

SteelMint: Rourkela sponge iron index drops to 1-year low on weak buying interest – 16 Nov

Nov 16, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 30,450/tonne (t) (- INR 50) exw-Rourkela on 16 November, 2022. About 600 t of transactions were recorded today as against 2,250 t on 15 November. The index plunged to a 12-month low; the previous low of INR 30,300/t exw was recorded on 15 November 15,…