Author: Rounak Gairarey

Indian Sponge Iron offers to Bangladesh slip as domestic inquiries weaken

Mar 13, 2018

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by

Rounak Gairarey

in Sponge Iron

Export offers for Sponge Iron to Bangladesh fell by about USD 5-10/MT Week-on-Week, primarily owing to decline in domestic inquiries in India. SteelMint’s current week price assessment for lumps grade FeM 78-80 sponge iron stood at around USD 385-390/MT CPT Benpole (dry land port of Bangladesh & India) and about USD 405/MT CFR Chhittagong, Bangladesh.…