Tag: Rourkela sponge index

SteelMint: Rourkela sponge iron index falls further on lower bids – 23 Nov

Nov 23, 2022

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by

Prashasti Giri

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,000/tonne (t) (- INR 1,000) exw-Rourkela on 23 November, 2022. About 2,400 t of transactions were recorded today as against 1,300 t on 22 November. The index fell on lower bids, and trades remained below-average leading to weakening in offers. Market participants seemed to lack…