Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further on optimistic trends – 7 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 42,300/tonne (t) (+ INR 1,050) exw Rourkela on 7 Mar’22. About 2,750 t of transactions in CDRI were recorded by SteelMint today against 2,600 t on 5 Mar. The index continued to rally on account of active demand amidst higher offers floated through the suppliers…