Author: Nishtha Mukherjee
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Nepal Steel Mill Books Indian Sponge Iron
Nepal based steel mills continue to actively book sponge iron from India. Nepal’s largest steel producer has recently booked two rakes of sponge iron from an eastern India based mill. The deal price for the sponge iron (80 FeM, 100% lumps) is reported close to USD 240/MT loaded on to rake. This attracts freight of…