Author: Manish Vasdev

Sponge iron (FeM 80%, lumps 100%) export prices to Bangladesh remain stable this week at $510/t CPT Benapole, equivalent to $540/t CFR Chittagong, Bangladesh, as per SteelMint assessment. About 10,000-12,000 t of deals were reported this week. Rising demand in Bangladesh amid higher scrap offers has resulted in active sponge iron bookings, although with the…