Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises on higher raw material prices – 16 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,250/tonne (t) (+ INR 750) exw Rourkela on 16 Feb’22. About 4,820 t of transactions in CDRI were recorded by SteelMint today against 4,550 t on 15 Feb. The index rose on account of a surge in prices of raw materials (iron ore) in OMC’s…