Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises as spot trade improves – 14 Sep
SteelMint’s daily sponge iron, CDRI index was assessed at INR 34,750/tonne (t) (+ INR 100) exw-Rourkela on 14 September, 2022. About 4,120 t of transactions were recorded today as against 3,715 t on 13 September. Market optimism contributed to the index’s increase. Sources told SteelMint that producers continued to keep prices firm. In comparison to…