Author: Romil Sethi
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SteelMint: Rourkela sponge iron index remains unchanged on limited trades – 22 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,200/tonne (t) (=) exw Rourkela on 22 August, 2022. About 1,370 t of transactions in CDRI were recorded by SteelMint today as against 820 t on 20 August. Market participants are unsure about the direction of price changes and, as a result, spot trades remained…