Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further despite limited demand – 22 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 42,800/tonne (t) (+ INR 350) exw Rourkela on 22 Mar’22. About 600 t of transactions in CDRI were recorded by SteelMint today against 2,810 t on 21 Mar. The index remained strong, although trades slowed down. Buyers are avoiding bulk buying amid unclear market trends.…