Author: Romil Sethi
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SteelMint: Rourkela sponge iron index up marginally on improved buying – 2 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,850/tonne (t) (+ INR 200) exw-Rourkela on 2 August, 2022. About 5,830 t of transactions were recorded today against 7,400 t on 1 August. The index rose on the back of better demand and higher offers floated by suppliers. Producers kept prices upside as several…