Author: Manish Vasdev
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Indian sponge iron export demand remains moderate despite slight change in offers
SteelMint’s weekly export price assessment for sponge iron remained largely stable following volatility in domestic offers on subdued demand. About 7,000 t fresh deals have been reported by a couple of exporters from Kolkata, Eastern India at around $405-408/t CFR Chittagong, Bangladesh. According to them, most of the recent deals were made through the sea…