Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges higher on rising steel prices – 22 Oct
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 34,000/tonne (t) (+ INR 300) exw-Rourkela on 22 October, 2022. About 1,900 t of transactions were recorded today as against 5,400 t on 21 October. The index climbed on the back of an increase in steel prices in Punjab amid positive sentiments. However, demand remained…