Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds on rising steel prices, active demand – 27 Sep
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 34,000/tonne (t) (+ INR 250) exw-Rourkela on 27 September, 2022. About 6,300 t of transactions were recorded today as against 2,400 t on 26 September. The index rose as a result of active buying triggered by a significant increase in steel prices in Punjab, north…