Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds on active demand – 21 Oct
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 33,700/tonne (t) (+ INR 300) exw-Rourkela on 21 October, 2022. About 5,400 t of transactions were recorded today as against 1,150 t on 20 October. The index increased as a result of strong demand and larger offerings by producers. As multiple deals took place today…