Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls to over 4-month low on demand concerns – 3 Nov

Nov 3, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,000/tonne (t) (- INR 250) exw-Rourkela on 3 November, 2022. The prevailing index hitting over four months’ low as the earlier the bottom offers of INR 32,500/t were recorded on 25th June, 2022. About 950 t of transactions were recorded today as against 1,600 t…