Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds on increased spot trade – 13 Jun
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 31,900/tonne (t) (+ INR 400) exw Rourkela on 13 June, 2022. About 4,450 t of transactions in CDRI were recorded by SteelMint today against 1,000 t on 11 June. The index rebounded as trade volumes improved significantly compared to Saturday. A rise in steel prices,…