Author: Romil Sethi

SteelMint: Rourkela sponge iron index falls INR 200/t on weak buying – 26 Feb

Feb 26, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,000/tonne (t) (- INR 200) exw Rourkela on 26 Feb’22. About 820 t of transactions in CDRI were recorded by SteelMint today against 2,520 t on 25 Feb. The index fell on account of weak demand amidst uncertain price movements. As a result, buyers opted…