Author: Romil Sethi
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SteelMint: Rourkela sponge iron index declines further on sluggish trends – 11 Nov
SteelMint’s daily sponge iron, CDRI index was assessed at INR 32,000/tonne (t) (- INR 250) exw-Rourkela on 11 November, 2022. About 1,100 t of transactions were recorded today as against 1,700 t on 10 November. Due to weak sentiment and ongoing slow trends in the spot market, prices of semi-finished steel in northern India saw…