SteelMint

Tag: Sponge Iron import

  • HBI Offers to Bangladesh Stable; Buying Interest Remains Low

    HBI Offers to Bangladesh Stable; Buying Interest Remains Low

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    by

    Alok Thakur
    in

    HBI (Hot Briquetted Iron) import offers to the Bangladesh from Malaysia remains stable, however buying interest is low on anticipation that prices may fall in coming weeks. “Current offers for HBI is at around USD 330-335/MT CFR Chittagong, however there is limited buying activity. Buyers are anticipating that prices may fall in April. Bangladesh imports about…