On January 25, SteelOrbis reported ex-India DRI offers (sponge lumps 80 FeM) to Bangladesh at $340-350/mt CFR Bangladesh. Regional sources now inform SteelOrbis that offers have increased $5/mt and are now reportedly at $345-355/mt CFR Bangladesh. A source reports DRI offer prices receiving support from improved scrap import offers and expectations of improved orders from Bangladesh buyers on strengthening local finished steel demand.