Author: Manish Vasdev
-

India: Sponge Iron Export Offers Drop over Sluggish Demand
The Indian Sponge iron exports offers to Bangladesh have moved down this week by USD 10-15/MT due to slack domestic inquiries. SteelMint’s latest price assessment for lumps grade FeM 78-80 sponge iron stood at around USD 370-375/MT CPT Benpole (dry land port of Bangladesh & India) and about USD 390-395/MT CFR Chhittagong, Bangladesh. “Inquiries by…