Tag: Rourkela sponge index
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SteelMint: Rourkela sponge iron index rises further on higher offers – 4 July
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 33,850/tonne (t) (+INR 100) exw-Rourkela on 4 July 2022. The index edged higher as manufacturers hiked offers on the back of active demand. About 2,840 t of transactions were recorded today against 1,300 t on 2 July. Sources are expecting that sponge iron prices will…