Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls further on limited bids – 26 May
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 31,750/tonne (t) (- INR 350) exw-Rourkela on 26 May 2022. About 1,755 t of transactions in CDRI were recorded today against 4,235 t on 25 May. The index fell further on account of lower bids. Market participants booked a decent quantity yesterday and hence did…