Author: Romil Sethi

SteelMint: Rourkela sponge iron index rises on active demand – 5 Dec

Dec 5, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,000/tonne (t) (+ INR 250) exw Rourkela on 5 December, 2022. About 5,190 t of transactions were recorded today as against 1,000 t on 3 December. The index rose due to active demand and market optimism. According to sources, producers were able to keep prices…