Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on weak buying – 25 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 41,000/tonne (t) (- INR 1,000) exw Rourkela on 25 Mar’22. About 1,050 t of transactions in CDRI were recorded by SteelMint today as against 1,350 t on 24 Mar. The index fell owing to weak buying and price correction in semi-finished steel. Hence, buyers held…