Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises as offers remain strong – 19 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,900/tonne (t) (+ INR 200) exw Rourkela on 19 Feb’22. About 1,750 t of transactions in CDRI were recorded by SteelMint today against 1,130 t on 18 Feb. The index rose due to optimism in the market. Producers kept prices strong as several deals took…