Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on limited buying – 28 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 40,500/tonne (t) (- INR 250) exw Rourkela on 28 Mar’22. About 1,700 t of transactions in CDRI were recorded today against 1,050 t on 25 Mar. The index fell further on weak demand amidst uncertain price movements. As a result, buyers opted to wait and…