Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls despite slight improvement in trades – 23 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,000/tonne (t) (- INR 200) exw Rourkela on 23 August, 2022. About 1,800 t of transactions in CDRI were recorded by SteelMint today against 1,370 t on 22 August. Although the index decreased, trades rebounded slightly as buyers started making purchases again. Today’s spot trading…