Author: Romil Sethi

SteelMint: Rourkela sponge iron index inches up despite limited trade – 25 Feb

Feb 25, 2022

—

by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,200/tonne (t) (+INR 100) exw Rourkela on 25 Feb’22. About 2,020 t of transactions in CDRI were recorded by SteelMint today against 2,700 t on 24 February. Higher coal prices and strengthening billets prices were the major factors behind the slight uptick in sponge iron…