Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on weak buying – 20 Sep
SteelMint’s daily sponge iron, CDRI index was assessed at INR 34,000/tonne (t) (- INR 400) exw-Rourkela on 20 September, 2022. About 960 t of transactions were recorded today as against 1,200 t on 19 September. Following a significant drop in steel prices in Punjab, in northern India, suppliers were forced to lower their prices. As…