Author: Romil Sethi
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SteelMint: Rourkela sponge iron index stable, demand remains moderate – 14 May
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,950/tonne (t) (=) exw Rourkela on 14 May’22. About 2,400 t of transactions in CDRI were recorded by SteelMint today as against 5,850 t on 13 May. The index remained stable and spot trades reported today remained less than average. There was lack of confidence…