Author: Manish Vasdev
-
Major Bangladeshi mills resume sponge iron imports from India
SteelMint has confirmed over 5,000 t of sponge iron (FeM 80%, lumps 100%) export deals to Bangladesh, which were almost nil since mid-Aug’21. The average price of the deals has been reported at around $450/t CPT Benapole, equivalent to $480-485/t CFR Chittagong, Bangladesh. SteelMint’s benchmark export price assessment dropped to $450/t as against $460-465/t last…