Author: Romil Sethi
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SteelMint: Rourkela sponge iron index edges down on low spot trade volumes – 8 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,700/tonne (t) (- INR 50) exw Rourkela on 8 August, 2022. About 3,400 t CDRI transactions were recorded by SteelMint today against 800 t on 6 August. The index dropped as spot trades remained limited compared to the average on account of unclear market trends.…