Author: Romil Sethi

SteelMint: Rourkela sponge iron index down INR 50/t on lower bids – 18 Oct

Oct 18, 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 18 October, 2022. About 3,110 t of transactions were recorded today as against 1,620 t on 17 October. The index dropped due to lower bids in the market. However, trade volumes increased marginally d-o-d but were still lower…