Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls by INR 550/t on lower bids

Apr 23, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 38,400/tonne (t) (- INR 550) exw-Rourkela on 23 April 2022. About 1,400 t of transactions in CDRI were recorded by SteelMint today against 1,100 t on 22 April. The index continued to move downwards because of lower bids and limited buying interest seen throughout the…