Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges down on lower bids – 13 Oct
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,700/tonne (t) (- INR 150) exw-Rourkela on 13 October, 2022. About 4,050 t of transactions were recorded today as against 5,600 t on 12 October. The index fell on lower bids and limited enquiries. The market saw a lack of buying interest resulting in fewer…