Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls further on lower bids – 15 Nov
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 30,500/tonne (t) (- INR 500) exw-Rourkela on 15 November, 2022. About 2,250 t of transactions were recorded today as against 300 t on 14 November. The index fell on lower bids, and while trades improved slightly, they remained below average leading offers to soften further.…