Author: Romil Sethi
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SteelMint: Rourkela sponge iron index dips by INR 50/t on sluggish trends – 15 Oct
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,600/tonne (t) (- INR 50) exw-Rourkela on 15 October, 2022. About 200 t of transactions were recorded today as against 2,950 t on 14 October. The index edged lower amid sluggishness in the market. The majority of participants were inactive today which resulted in weak…