Author: Romil Sethi

India: Sponge iron export prices to Nepal move higher, w-o-w

Jan 10, 2022

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by

Romil Sethi

in Sponge Iron

An Odisha-based producer has exported 5,000 t of sponge iron to Nepal at an average price of INR 34,000/t ($458/t) loaded on to rake, equivalent to $485/t CPT Nepal. The material consists of FeM 80%, mix of 70% lumps and 30% fines. Domestic sponge iron prices remain strong on increase in billet offers. Prices in…