Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls amid demand worries – 17 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 37,000/tonne (t) (- INR 300) exw-Rourkela on 17 August, 2022. About 2,920 t of transactions in CDRI were recorded by SteelMint today against 3,700 t on 16 August. The index dropped on limited enquiries from market participants. This resulted in less than average spot trades,…