Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls slightly despite improved trades – 17 May

May 17, 2022

—

by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,500/tonne (t) (- INR 50) exw-Rourkela on 17 May 2022. About 4,310 t of transactions in CDRI were recorded by SteelMint today as against 2,600 t on 16 May. Although the index fell, trades improved as buyers resumed purchases leading to a rise in spot…