Author: Prashasti Giri
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India: Sponge iron export offers for Nepal, Bangladesh decline $6/t w-o-w
Indian sponge DRI export offers for Nepal and Bangladesh edged down this week, as buyers exhibited a cautious approach, influenced by subdued domestic steel demand. Nepal (CPT Raxaul): Offers declined by $6/t w-o-w to $340/t amid muted buying. Bangladesh (CPT Benapole): Prices dropped by $6/t w-o-w to $350/t, with deals of around 9,000 t confirmed.