- Sponge iron (FeM 80%, lumps 100%) export prices to Bangladesh rose by $5/t to $510/t CPT Benapole, equivalent to $540/t CFR Chittagong, Bangladesh, as per SteelMint’s weekly assessment. About 10,000 t of deals were reported this week.
- Sponge iron prices remain strong amidst active demand and higher coal, scrap prices globally.
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