Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges up despite soft demand – 3 Sep
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,100/tonne (t) (+ INR 100) exw-Rourkela on 3 September, 2022. About 1,620 t of transactions were recorded today as against 3,400 t on 2 September. Although the index edged up, spot trades declined today compared with yesterday, and demand slowed down following increased offers. The…