Author: Romil Sethi

SteelMint: Rourkela sponge iron index continues to move up amid tight supplies – 12 Jul

Jul 12, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,750/tonne (t) (+ INR 250) exw Rourkela on 12 July, 2022. About 5,550 t of transactions in CDRI were recorded by SteelMint today against 8,630 t on 11 July. The index rose on account of supply shortage in the spot market. Amidst the bullish outlook,…