Author: Romil Sethi

SteelMint: Limited trade weighs on Rourkela sponge iron index – 16 Jul

Jul 16, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,550/tonne (t) (- INR 550) exw-Rourkela on 16 July, 2022. About 600 t of transactions were recorded today against 1,200 t on 15 July. The index slipped as participants waited on the sidelines for clear market direction before taking positions, resulting in weak spot trade…