Author: Sakshi Singh
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India: Around 18,000 t sponge iron export deals conclude for Nepal, Bangladesh
BigMint’s weekly price assessment increased by $6/t to $356/t CPT Nepal for FeM 80% (70:30 Mix). Offers for Bangladesh also went up by $2/t to $364/t CPT Benapole. Two rakes (5,200 t) of sponge iron were sold at $331-333/t, LTW in eastern India, equivalent to $355-357/t CPT Nepal. Additionally, about 500 t of PDRI sponge…