Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further despite limited buying – 29 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 37,800/tonne (t) (+ INR 500) exw Rourkela on 29 Apr’22. About 2,400 t of transactions in CDRI were recorded by SteelMint today as against 3,900 t on 28 April. The index rallied on account of surging steel prices in Punjab, north India, due to power…