Author: Romil Sethi
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SteelMint: Rourkela sponge iron index climbs on rising steel prices – 8 Oct
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 34,200/tonne (t) (+ INR 100) exw-Rourkela on 8 October, 2022. About 2,100 t of transactions were recorded today as against 5,100 t on 7 October. Prices increased as a result of a rise in steel prices in the northern region, particularly Punjab. Sponge iron prices…