Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges up on rising steel prices – 30 Sep
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 34,000/tonne (t) (+ INR 200) exw-Rourkela on 30 September, 2022. About 5,400 t of transactions were recorded today as against 2,460 t on 29 September. Prices increased as buying conditions improved due to an increase in steel prices in the northern region, particularly Punjab. Buyers…