Author: Manish Vasdev
-
Indian sponge iron export prices up $5/t w-o-w in recent deals
Kolkata, Eastern India-based suppliers have reported improvement in demand of sponge iron as the major mills from Bangladesh have actively resumed purchases after a long gap. Fresh deals of about 8,000-10,000 t have been reported at $410-415/t CFR Chittagong. With these recent deals, SteelMint’s benchmark sponge iron export price assessment increased by $5/t, w-o-w. Increasing…