Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls on limited enquiries – 19 Jul

Jul 19, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,500/tonne (t) (- INR 400) exw-Rourkela on 19 July, 2022. About 2,700 t of transactions were recorded by SteelMint today as against 4,300 t on 18 July. The continuous price corrections are making market participants cautious, leading to limited inquiries. The index, as a result,…