Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges up despite dull demand – 1 Nov
SteelMint’s daily sponge iron, CDRI index was assessed at INR 33,450/tonne (t) (+ INR 50) exw-Rourkela on 1 November, 2022. About 1,510 t of transactions were recorded today as against 2,450 t on 31 October. The index increased somewhat, but there were very few deals throughout the day due to weak demand. Thus, purchasers only…