Author: Rounak Gairarey

Indian sponge iron export prices moved up by $ 5-10/t w-o-w on lower output and rise in iron ore prices. Fresh export deals for around 5,000 t sponge C-DRI (80 FeM, 100% lump) were assessed at $245-250/t CPT Benapole, equivalent to $268-270/t CFR Chittagong. Last week, a similar volume was reported to have been sold…