Author: Romil Sethi

SteelMint: Rourkela sponge iron index rises despite cautious buying – 12 May

May 12, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,900/tonne (t) (+ INR 100) exw Rourkela on 12 May’22. About 900 t of transactions in CDRI were recorded by SteelMint today as against 2,500 t on 11 May. The index rose slightly as steel prices rose in the first half. Later in the day…