Eastern India: Mills conclude nearly 10,000 t sponge iron export deals

  • About four rakes (equivalent to 10,000 t) of iron ore-based DRI (C-DRI) deals from Jharkhand and Odisha were concluded at $400-405/t loaded to wagon, equivalent to $420-425/t CPT Nepal. The material is a mix of 70% lumps and 30% fines and FeM 80%.
  • With these fresh deals, SteelMint’s price assessment slipped by $10/t to $420-425/t, CPT Nepal.

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