Author: Manish Vasdev
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Indian Sponge Iron Export Prices Drop by USD 10/MT on Falling Rupee
Recent sponge iron export deals from eastern India to Bangladesh were concluded on a reduced price of USD 10/MT, as per SteelMint’s weekly price assessment. As per suppliers, drop in export prices is due to falling rupee against the US Dollar and declining sponge iron prices in the Indian domestic market. In a week’s duration,…