Author: Prashasti Giri

India: About 18,500 t of sponge iron export deals conclude for Nepal, Bangladesh

Mar 21, 2024

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by

Prashasti Giri

in Sponge Iron

BigMint’s weekly price assessment increased by $2/t to $362/t CPT Nepal for FeM 80% (70:30 Mix). Offers for Bangladesh also rose by $3/t to $368/t CPT Benapole. Three rakes (7,600 t) of sponge iron were sold at $336-338/t, LTW in eastern India, equivalent to $360-362/t CPT Nepal. Additionally, about 2,600 t of PDRI sponge (78-79%…