Author: Romil Sethi

SteelMint: Rourkela sponge iron index continues to move downwards, despite improved trade – 25 May

May 25, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index was assessed at INR 32,100/tonne (t) (- INR 750) exw Rourkela on 25 May’22. About 4,235 t of transactions in CDRI were recorded by SteelMint today against 1,900 t on 24 May. Though the index reported a significant fall, trades improved as buyers resumed purchases leading to a rise…