Author: Prashasti Giri

Sponge iron export prices are currently at $350/t CPT Raxaul for Nepal and $349/t CPT Benapole for Bangladesh, supported by a modest improvement in buying. Nepal: Sponge iron offers rose by $1/t w-o-w to $350/t CPT Raxaul. Transactions of 1,000 t were recorded, showing limited buying. Bangladesh: Approximately 9,200 t was booked at $348-350/t CPT…