Author: Romil Sethi

One rake (2,500 t) of sponge iron was sold at $470-475/t LTW eastern India, equivalent to $490/t CPT Nepal (FeM 80%, lumps 70%, fines 30%). A 2,500 t of pellet-based DRI (P-DRI) deal was concluded from eastern India at $445-450/t CPT Nepal. However, no fresh deals were reported for Bangladesh due to concerns on LC…