{"id":1405,"date":"2017-08-30T16:45:20","date_gmt":"2017-08-30T16:45:20","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1405"},"modified":"2017-08-30T16:45:20","modified_gmt":"2017-08-30T16:45:20","slug":"lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/","title":{"rendered":"lndian Sponge Iron Export Offers Rise on Fresh Buying from Bangladesh"},"content":{"rendered":"<p style=\"text-align: justify;\">Indian sponge iron export offers noticed an upward movement this week on fresh buying from Bangladesh based steel mills. Export offers have increased by USD 5-10\/MT this week. Current offers for 80 FeM sponge lumps are being assessed at around USD 320\/MT CPT Benapole (land port of Bangladesh and India).<\/p>\n<p style=\"text-align: justify;\">SteelMint learned from market sources that export prices have increased in line with rising imported and domestic offers in Bangladesh.<\/p>\n<p style=\"text-align: justify;\">Notably, imported scrap offers have increased USD 40-50\/MT in last one one month and currently hovering at USD 360-365\/MT for shredded , USD 340-345\/MT for HMS and USD 365-370\/MT for PnS CFR Chittagong (Bangladesh) basis.<\/p>\n<p style=\"text-align: justify;\">&#8220;Steel mills are not buying imported scrap at the moment owing to higher prices. Most of them are relying on domestic scrap, which has pushed domestic scrap prices as well. Indian sponge iron demand has increased in last few days owing to rising price gap between sponge iron and imported scrap. At the same time high congestion at Chittagong port is restricting containerised scrap imports in the country &#8220;said a local Indenter based in Dhaka.<\/p>\n<p style=\"text-align: justify;\">Few deals of 3,000-5,000 MT were reported at USD 320\/MT CPT Benapole last week.<\/p>\n<p style=\"text-align: justify;\">During Jan-May\u201917 the DRl exports from India was recorded at 210,000 MT. Bangladesh remained the favourable destination during the period as it procured approximately of 44.31% (0.09 MnT) material.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-1407 aligncenter\" src=\"http:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/08\/1-16.jpg\" alt=\"1\" width=\"595\" height=\"561\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian sponge iron export offers noticed an upward movement this week on fresh buying from Bangladesh based steel mills. Export offers have increased by USD 5-10\/MT this week. Current offers for 80 FeM sponge lumps are being assessed at around USD 320\/MT CPT Benapole (land port of Bangladesh and India). SteelMint learned from market sources [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,65,62,45,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>lndian Sponge Iron Export Offers Rise on Fresh Buying from Bangladesh - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"lndian Sponge Iron Export Offers Rise on Fresh Buying from Bangladesh - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"Indian sponge iron export offers noticed an upward movement this week on fresh buying from Bangladesh based steel mills. Export offers have increased by USD 5-10\/MT this week. Current offers for 80 FeM sponge lumps are being assessed at around USD 320\/MT CPT Benapole (land port of Bangladesh and India). SteelMint learned from market sources [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/\" \/>\n<meta property=\"og:site_name\" content=\"Keyvan Jafari Tehrani\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-30T16:45:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/08\/2-10.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/\",\"url\":\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/\",\"name\":\"lndian Sponge Iron Export Offers Rise on Fresh Buying from Bangladesh - Keyvan Jafari Tehrani\",\"isPartOf\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\"},\"datePublished\":\"2017-08-30T16:45:20+00:00\",\"dateModified\":\"2017-08-30T16:45:20+00:00\",\"author\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\"},\"breadcrumb\":{\"@id\":\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kjtehrani.com\/en\/lndian-sponge-iron-export-offers-rise-on-fresh-buying-from-bangladesh\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kjtehrani.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"lndian Sponge Iron Export Offers Rise on Fresh Buying from Bangladesh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#website\",\"url\":\"https:\/\/kjtehrani.com\/en\/\",\"name\":\"Keyvan Jafari Tehrani\",\"description\":\"Personal Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kjtehrani.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/3c8615bec78fb52c1476c9987e23179d\",\"name\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/kjtehrani.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b29d20fbd9fa444ac77fbfcdbddba504?s=96&d=mm&r=g\",\"caption\":\"\u06a9\u06cc\u0648\u0627\u0646 \u062c\u0639\u0641\u0631\u06cc \u0637\u0647\u0631\u0627\u0646\u06cc\"},\"description\":\"Keyvan is the owner and CEO of Jame Tejarat Company (JTC) since its establishment in 2002. He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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