Author: Prashasti Giri
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India: Export deals for over 13,000 t of sponge iron concluded for Nepal, Bangladesh
India’s sponge iron export offers for Nepal and Bangladesh surged by $6-10/t w-o-w, driven by improved buying interest amid varying offers. Deals for approximately 13,500 t were concluded for both markets this week. Nepal: Offers rose to $348/t CPT Raxaul, with deals for around 7,500 t confirmed. Bangladesh: Prices stood at $340-345/t CPT Benapole, with…