Author: Rounak Gairarey

Indian Sponge Iron Export Offers to Bangladesh Decline by USD 5-10/MT

Feb 13, 2020

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by

Rounak Gairarey

in Sponge Iron

Following drop in Indian domestic sponge prices and competitive imported scrap offers, export offers of Indian sponge iron to Bangladesh fell further by USD 5-10/MT W-o-W. SteelMint’s assessment for Indian Sponge C-DRI (80 FeM, 100% lump) export is hovering at USD 285-290/MT CPT Benapole (dry port of India & Bangladesh) which is equivalent to USD…