Author: Romil Sethi
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SteelMint: Rourkela sponge iron index falls on weak buying – 11 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,050/tonne (t) (-150) exw Rourkela on 11 Feb’22. About 2,250 t of transactions in CDRI were recorded by SteelMint today against 2,150 t on 10 Feb. The index moved down owing to weak buying and price corrections in semi-finished steel throughout the day. Hence, buyers…