Author: Romil Sethi
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SteelMint: Rourkela sponge iron index stable on subdued demand – 21 June
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,900/tonne (t) (=) exw Rourkela on 21 June, 2022. About 3,500 t of transactions in CDRI were recorded today against 2,050 t on 20 June. The index remained stable today. However, trades improved slightly but still remained less than average, resulting in softening of offers.…