Author: Prashasti Giri
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India: 12,000 t of sponge iron export deals concluded for Nepal and Bangladesh
BigMint’s weekly price assessment dropped by $3/t to $353/t CPT Nepal, (FeM 80%, lumps 70%, fines 30%). Four rakes (9,000 t) of sponge iron were sold at around $325-330/t loaded to wagon eastern India, equivalent to $350-355/t CPT Nepal (FeM 80%, lumps 70%, fines 30%). 1,500 t of PDRI (FeM 78%) was concluded for Nepal…