Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rebounds as trades improve – 21 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 42,450/tonne (t) (+ INR 1,100) exw Rourkela on 21 Mar’22. About 2,810 t of transactions in sponge iron, CDRI, were recorded by SteelMint today as against 640 t on 17 March. The index rose with producers quoting prices higher. A sharp rise in billets prices…