On February 20, SteelOrbis reported ex-India DRI prices slightly rebounding $2-3/mt week-on-week to $378-382/mt CFR Bangladesh.
As import shredded scrap prices have increased to Bangladesh, so have ex-India DRI offers, which are now reportedly at $390-395/mt CFR Bangladesh. The new offers have increased $12/mt from the bottom of the previous range and $13/mt from the top of the same range.