- Sponge iron (100% lump) export prices to Bangladesh rose by $15/t to $395/t CPT Benapole. However, on revised offers demand slowed down from Bangladeshi mills due to weak seasonal finished steel demand and softening scrap prices globally.
- As per exporters based in eastern India, the buying interest is at a price level which is lower by $20-30/t compared to floated offers for sponge iron.
Leave a Reply