Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on market uncertainty – 31 Oct
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 33,400/tonne (t) (- INR 50) exw-Rourkela on 31 October, 2022. About 2,450 t of transactions were recorded today as against 5,900 t on 29 October. Due to erratic price changes, the index declined marginally, and there were fewer spot trades than usual. However, in the…