Author: Romil Sethi

SteelMint: Rourkela sponge iron index slips INR 200/t on limited trades – 18 Feb

Feb 18, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,700/tonne (t) (-INR 200) exw Rourkela on 18 Feb’22. About 1,130 t of transactions in CDRI were recorded by SteelMint today against 1,450 t on 17 Feb. The index moved down on persistent weak domestic demand. Limited buying interest was seen in the market throughout…