On March 6, SteelOrbis reported that as import shredded scrap prices have increased to Bangladesh, so had ex-India DRI offers, which were reportedly at $390-395/mt CFR Bangladesh.
Sources inform SteelOrbis that while import shredded scrap offers are seeking to remain stable, though a correction in offers is soon expected, ex-India DRI offers have slipped to $380-385/mt CFR Bangladesh. Over the past week, DRI export prices decreased by $10/mt.