India: About 19,500 t of sponge iron sold to Nepal, Bangladesh

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Three rakes (10,000 t) of sponge iron were sold at $395-400/t LTW eastern India, equivalent to $415-420/t CPT Nepal (FeM 79-80%, lumps 70%, fines 30%).
About 1,500t of pellet-based DRI (P-DRI) deal was concluded at $360/t LTW from eastern India, equivalent to $380/t CPT Nepal.
About 8,000 t of sponge iron (FeM 79-80%, 100% lumps) was sold to Bangladesh recently at $425-430/t CPT Benapole.

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