Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises on improved buying – 6 May
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,500/tonne (t) (+ INR 50) exw Rourkela on 6 May’22. About 4,600 t of transactions in CDRI were recorded by SteelMint today as against 2,200 t on 5 May. Prices rose following improved buying on account of surge in steel prices in the northern region,…