Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises sharply on improved bids – 5 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 41,250/tonne (t) (+ INR 1,250) exw Rourkela on 5 Mar’22. About 2,600 t of transactions in CDRI were recorded by SteelMint today against 920 t on 4 Mar. The index rose on optimistic trends following higher coal and scrap prices globally. Producers kept prices strong…