Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds on active demand – 1 Aug
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,650/tonne (t) (+ INR 650) exw Rourkela on 1 August, 2022. About 7,400 t of transactions in CDRI were recorded by SteelMint today against 2,600 t on 30 July. The index rebounded following active demand and firming up of offers by manufacturers. With major deals…