Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls sharply on soft demand – 12 Mar

Mar 12, 2022

—

by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 42,450/tonne (t) (- INR 900) exw Rourkela on 12 Mar’22. About 500 t of transactions in CDRI were recorded by SteelMint today against 900 t on 11 Mar. The index fell steeply in the wake of persistent weakness in demand in the spot market following…