Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises on active enquiries – 13 Sep
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 34,650/tonne (t) (+ INR 50) exw-Rourkela on 13 September, 2022. About 3,715 t of transactions were recorded today as against 6,100 t on 12 September. Prices increased as buying conditions improved due to an increase in steel prices in northern India, particularly Punjab. Buyers began…