Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls INR 300/t on limited enquiries – 10 May

May 10, 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 300) exw Rourkela on 10 May’22. About 2,300 t of transactions in CDRI were recorded by SteelMint today against 2,000 t on 9 May. The index fell as buyers remained inactive and quoted bids lower on account of the decline in…