Author: Manish Vasdev
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Indian sponge iron export prices increase in recent deals
Bangladesh is actively booking sponge iron from India. Recently around 10,000-12,000 t deals were reported by the Eastern India based exporters. As per them, the deal price is about $435/t CPT (equivalent to $450/t CFR Chittagong). As buyers require prompt deliveries, the material is mostly delivered through the sea route via barge. Leading exporters reported…