Author: Manish Vasdev

SteelMint’s benchmark sponge iron (FeM 80%, 100% lump) export price assessment for neighbouring Bangladesh surged this week by $25-30/t due to a rally in the domestic market by INR 2,600/t ($35) w-o-w on higher iron ore prices. However, no fresh export deals were reported on revised offers, as per market participants. Current offers are hovering…