Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds tracking billets market – 28 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 37,300/tonne (t) (+ INR 750) exw-Rourkela on 28 Apr’22. About 3,900 t of transactions in CDRI were recorded by SteelMint today against 1,850 t on 27 April. The index rose on the back of active demand amidst higher offers floated by the suppliers. Producers kept…