Author: Romil Sethi

SteelMint: Rourkela sponge iron index rises despite cautious buying – 17 Feb

Feb 17, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,900/tonne (t) (+ INR 650) exw Rourkela on 17 Feb’22. About 1,450 t of transactions in CDRI were recorded by SteelMint today against 4,820 t on 16 Feb. The index rose slightly but trade volumes fell over 70% on cautious buying. Buyers remained quiet on…