Author: Romil Sethi
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SteelMint: Rourkela sponge iron index drops on low trade volumes – 18 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,750/tonne (t) (- INR 250) exw Rourkela on 18 August, 2022. About 1,340 t of transactions in CDRI were recorded by SteelMint today against 2,920 t on 17 August. In north India, semi-finished steel prices declined today, which was followed by a decrease in buying…