Author: Manish Vasdev

Indian sponge iron export prices plunged by about $10/t in recent deals to Bangladesh following a drop in domestic prices in Eastern India by INR 500-700/t ($7-10) w-o-w. The fresh deals for 5,000 t C-DRI lumps are reported at around $425/t CPT Benapole, equivalent to $440/t CFR Chittagong, Bangladesh. In the last week, few healthy…