On February 13, SteelOrbis reported ex-India DRI prices down to $375-380/mt CFR Bangladesh.
Sources inform SteelOrbis that with import shredded scrap offers rebounding in the region, ex-India DRI offers have also rebounded slightly and are presently at $378-382/mt CFR Bangladesh. The new offers have increased $3/mt from the bottom of the previous range and $2/mt from the top of the same range.