Author: Manish Vasdev
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India: Sponge iron export offers to Bangladesh fall marginally
SteelMint’s sponge iron (FeM 80%, lumps 100%) export price assessment to Bangladesh has dropped to $430-435/t CPT Benapole against $435/t last week. 5,000 t of deals were confirmed this week. Demand remains subdued as buying by the major Bangladeshi mills remains limited due to sufficient stocks. About 5,000 t of sponge deals were reported to…