Author: Romil Sethi

SteelMint: Rourkela sponge iron index rises INR 1,000/t despite thin trading – 4 Mar

Mar 4, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 40,000/tonne (t) (+ INR 1,000) exw Rourkela on 4 Mar’22. About 920 t of transactions in CDRI were recorded by SteelMint today against 4,950 t on 3 Mar. Even as the index rose trade volumes fell by over 80% due to cautious buying. Buyers kept…