Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises further on improved trade volumes – 1 Mar
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 37,700/tonne (t) (+ INR 300) exw Rourkela on 1 Mar’22. About 5,510 t of transactions in CDRI were recorded by SteelMint today against 3,900 t on 28 Feb. The index rose due on prevailing optimistic sentiments in the market. Producers kept prices strong as major…