Author: Prashasti Giri
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India: Sponge iron export offers for Nepal, Bangladesh plummet $14-15/t w-o-w
India’s sponge iron export offers for Nepal and Bangladesh declined by $14-15/t w-o-w, amid modest procurement at lower prices. Around 9,500 t deals were concluded for Nepal and Bangladesh this week. Nepal: Offers softened to $335-340/t CPT Raxaul amid subdued demand and minimal trade activity. Bangladesh: Offers ranged within $340-345/t CPT Benapole, with moderate demand…