Author: Romil Sethi
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SteelMint: Rourkela sponge iron index inches up on moderate demand – 19 Oct
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,450/tonne (t) (+ INR 50) exw-Rourkela on 19 October, 2022. About 3,260 t of transactions were recorded today as against 3,110 t on 18 October. The index increased marginally on moderate demand and firm offers by manufacturers. Billets prices remained steady across all markets, supporting…