India: Export deals for around 8,500 t of sponge iron concluded for Nepal, Bangladesh

India’s sponge iron export offers for Nepal and Bangladesh rose w-o-w, with modest buying activity observed. Deals for around 8,500 t were concluded for Nepal and Bangladesh.

  • Nepal: Offers increased to $348-350/t CPT Raxaul, but minimal buying was observed as offers rose.
  • Bangladesh: Prices increased slightly to $340-346/t CPT Benapole, amid modest bookings.

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