Author: Manish Vasdev
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Indian sponge iron export prices remain stable in recent deals
SteelMint’s benchmark sponge iron (80 FeM, 100% lumps) export price assessment remained stable this week as demand modest with volatility in prices in Indian domestic market. About 5,000 t fresh deals have been reported at $425-427/t CPT Benapole, equivalent to $440-442/t CFR Chittagong, Bangladesh. Bangladesh remained as the top sponge iron importers from India, however…