Author: Romil Sethi
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SteelMint: Limited trades weigh on Rourkela sponge iron index – 29 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,450/tonne (t) (- INR 350) exw Rourkela on 29 August, 2022. About 500 t of transactions in CDRI were recorded by SteelMint today against 1,120 t on 27 August. Market players are becoming more cautious due to the ongoing price corrections, which is why there…