Tag: Indian Sponge Iron Prices

Imported Scrap Offers to India Remain Firm, Rising Sponge Iron Prices May Give Some Hope

Sep 13, 2016

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Admin Operation

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The imported containerized scrap to India remained firm this week. However, trade activities remained limited. Other Asian markets like Pakistan, Bangladesh, Indonesia and Middle East, stay on the sidelines due to Eid festival. SteelMint’s price assessment for HMS 1&2 remain unchanged at USD 220-225/MT CFR and Shredded at USD 235-240/MT CFR India. Rising sponge iron…