SteelMint

Tag: Sponge Exports

  • India : Higher Offers Bring Down Sponge Exports

    India : Higher Offers Bring Down Sponge Exports

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    by

    Mahesh Kukreja
    in

    Indian sponge exports remain weak over high offers. Bangladesh which is the biggest buyer of Indian made DRI is presently Importing Scrap instead of high cost DRI. India is the world’s largest sponge iron producer & exporter. In FY17, the country exported about 260,000 MT DRI to Bangladesh from the total exports of 340,200 MT.…