Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls on low trade volumes – 20 Oct

Oct 20, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 33,400/tonne (t) (- INR 50) exw-Rourkela on 20 October, 2022. About 1,150 t of transactions were recorded today as against 3,260 t on 19 October. The index fell today as a result of limited trades. There was lack of buying interest and so spot trades…