Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls despite rise in trade volumes – 25 Aug

Aug 25, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,700/tonne (t) (- INR 400) exw Rourkela on 25 August, 2022. About 6,250 t of transactions in CDRI were recorded by SteelMint today as against 4,715 t on 24 August. Despite the index declining, trades in the spot market remained buoyant. Later in the day,…