Author: Manish Vasdev

SteelMint’s benchmark sponge iron (80 FeM, 100% lumps) export price assessment hit an all-time high since the data maintained by SteelMint from Jan 2017. About 12,000 t fresh deals have been reported by the Eastern India-based mills at an average price of around $455/t CPT Benapole, equivalent to $470-475/t CFR Chittagong, Bangladesh, surging by $30-35/t,…