Author: Romil Sethi

SteelMint: Rourkela sponge iron index rises sharply on improved trades – 11 Jul

Jul 11, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 36,500/tonne (t) (+ INR 1,050) exw Rourkela on 11 July, 2022. About 8,630 t of transactions in CDRI were recorded by SteelMint today as against 1,300 t on 9 July. The index rose with producers quoting prices at levels. A rise in billet prices resulted…