Author: Romil Sethi
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SteelMint: Rourkela sponge iron index stable amid sluggish trends – 24 May
SteelMint’s daily sponge iron CDRI index is assessed at INR 32,850/tonne (t) (=) exw-Rourkela on 24 May 2022. About 1,900 t of transactions in CDRI were recorded today against nil on 23 May. The index remained stable on account of sluggish trends due to recently imposed export duties on several commodities by the Indian government.…