Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on limited enquiries – 22 Sep
SteelMint’s daily sponge iron, CDRI index, was assessed at INR 33,500/tonne (t) (- INR 500) exw-Rourkela on 22 September, 2022. About 2,100 t of transactions were recorded today as against 4,760 t on 21 September. Price corrections are making market participants wary, resulting in fewer enquiries. As a result, the index fell d-o-d. Suppliers were…