Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds as trades improve – 18 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 40,000/tonne (t) (+ INR 2,000) exw Rourkela on 18 Apr’22. About 6,520 t of transactions in CDRI were recorded by SteelMint today as against 2,200 t on 16 Apr. The index rose on active demand amidst higher offers floated by the suppliers. Producers kept prices…