Ex-India DRI offers to Bangladesh

Tuesday, 02 April 2019 23:35:19 (GMT+3)   |   San Diego
       

On March 13, SteelOrbis reported ex-India DRI (sponge lumps 80 FeM) offers to Bangladesh at $319-323/mt CFR.

Sources inform SteelOrbis that ex-India DRI offers to Bangladesh are now reportedly at $330-332/mt CFR, up $11/mt from the bottom of the previous range and $9/mt from the top of the same range. Buying interest is reportedly limited despite DRI prices being approximately $15-20/mt lower than shredded scrap offers, both in CFR terms.


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