Author: Romil Sethi
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SteelMint: Rourkela sponge iron index rises as offers remain firm – 5 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,250/tonne (t) (+50) exw Rourkela on 5 Feb’22. About 2,300 t of transactions in CDRI were recorded by SteelMint today against 2,390 t on 4 Feb. The index remained strong although trades remained limited today. Sponge iron producers kept prices firm amidst coal supply shortage.…