Author: Romil Sethi
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SteelMint: Rourkela sponge iron index drops INR 150/t – 12 Oct
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,850/tonne (t) (- INR 150) exw-Rourkela on 12 October, 2022. About 5,600 t of transactions were recorded today as against 1,200 t on 11 October. Even as the index declined, trades increased since a few major purchasers started buying again, leading to an increase in…