Author: Romil Sethi
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SteelMint: Rourkela sponge iron index stable amid limited spot trades- 27 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,800/tonne (t) (=) exw Rourkela on 27 August, 2022. About 1,120 t of transactions were recorded today against 1,700 t on 26 August. The index remained unchanged due to limited trades and lower bids amid volatile prices in northern India. This made buyers cautious, and…