Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises INR 1,400/t on active trading – 28 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 37,400/tonne (t) (+ INR 1,400) exw Rourkela on 28 Feb’22. About 3,900 t of transactions in CDRI were recorded by SteelMint today as against 820 t on 26 Feb. The index rose as manufacturers are hiking sponge iron offers amid active demand and as producers…