Author: Prashasti Giri

Sponge iron export deals for approximately 17,500 t were confirmed for Nepal and Bangladesh this week. The volume reflects increased procurement w-o-w from India, amid market volatility. Nepal: India’s offers remained firm w-o-w at $346/t CPT Raxaul. Transactions of 6,500 t were recorded. Bangladesh: Sellers kept offers range-bound on active buying interest, with deals concluded…