Author: Romil Sethi
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SteelMint: Rourkela sponge iron index inches up on improved trades – 9 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,750/tonne (t) (+ INR 50) exw Rourkela on 9 August, 2022. About 6,050 t of transactions in CDRI were recorded by SteelMint today against 2,900 t on 8 August. A significant improvement in spot trade was seen today compared to yesterday. Purchase enquiries increased today…