Author: Prashasti Giri
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India: DRI exports to Bangladesh gain momentum amid global scrap tightness, rising prices
Bangladesh demand drives sharp rise in DRI bookings Higher global scrap prices shift metallic preference India’s sponge iron (DRI) export market recorded a sharp rise in bookings this week, supported by strong buying interest from Bangladesh as global scrap prices climbed, improving the competitiveness of Indian-origin sponge iron. Market participants reported a noticeable shift in…