Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls despite improved trades – 12 Apr
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,950/tonne (t) (- INR 400) exw Rourkela on 12 Apr’22. About 6,920 t of transactions in CDRI were recorded by SteelMint today as against 900 t on 11 April. Although the index fell, trades improved as buyers resumed purchases, resulting in a rise in spot…