Author: Romil Sethi

SteelMint: Rourkela sponge iron index slips INR 200/t on weak demand – 21 Jan

Jan 21, 2022

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by

Romil Sethi

in Sponge Iron

SteelMint’s daily sponge iron, CDRI, index is assessed at INR 34,150/tonne (t) (-200) exw Rourkela on 21 Jan’22. About 1,500 t of transactions in CDRI were recorded by SteelMint today against 4,300 t on 20 Jan. The index moved down on persistent weak demand. Limited buying interest was also seen in the semi-finished steel market…