Author: Prashasti Giri
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India: Sponge iron export prices stable even as buying activity improves
Weekly export offers show limited movement Weak steel demand continues to cap price upside India’s sponge iron (DRI) export market remained largely range-bound this week, with export offers showing only marginal movement despite improvement in booking activity. As per BigMint’s weekly assessment, export offers to Nepal edged down by $1/t w-o-w to $310/t CPT Raxaul,…