Author: Prashasti Giri
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India: Sponge iron export offers slow down on weak buying interest
BigMint’s assessment for iron ore-based DRI (FeM 80%) stands at $360/t CPT Nepal and offers for Bangladesh were at $365/t CPT Benapole for FeM 78, down by $7/t w-o-w. About 4,000 t of CDRI (FeM 78%) were sold to Bangladesh at $365/t CPT Benapole. Meanwhile, a Nepal mill secured 2,500 t of CDRI (FeM 80%,…