Author: Romil Sethi
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SteelMint: Rourkela sponge iron index slips on low demand – 3 Feb
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 36,000/tonne (t) (-100) exw Rourkela on 3 Feb’22. About 1,500 t of transactions in CDRI were recorded by SteelMint today against 4,200 t on 2 Feb. The index slipped on persistent weak demand, limited buying interest in the semi-finished steel market today, with spot buying…