Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls sharply on limited demand – 5 Apr

Apr 5, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 39,000/tonne (t) (- INR 1,000) exw Rourkela on 5 Apr’22. About 1,400 t of transactions in CDRI were recorded by SteelMint today against 650 t on 4 Apr. The index fell in the wake of persistent weakness in demand in the spot market following poor…