Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on limited demand – 4 May
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,500/tonne (t) (- INR 400) exw Rourkela on 4 May’22. About 2,900 t of transactions in CDRI were recorded by SteelMint today as against 1,170 t on 3 May. The index fell as trade volumes continued to remain less than average in the spot market,…