Author: Romil Sethi
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India: Rourkela sponge iron index falls as bids edge lower – 20 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 39,450/tonne (t) (-INR 450) exw Rourkela on 20 April 2022. About 1,300 t of transactions in CDRI were recorded by SteelMint today against 1,350 t on 19 April. The index moved downwards as bids were lower by around INR 500-1,000/t against floated offers of the…