Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on muted trades – 29 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 40,250/tonne (t) (- INR 250) exw Rourkela on 29 Mar’22. About 650 t of transactions in CDRI were recorded by SteelMint today as against 1,700 t on 28 Mar. The index fell on account of poor buying interest in the spot market. Moreover, there was…