Author: Prashasti Giri
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India: Sponge iron export offers to Nepal, Bangladesh fall $15-21/t w-o-w
BigMint’s weekly price assessment for sponge iron export offers shows significant decline of $15-21/t, reflecting limited buying demand in the global spot market w-o-w; Nepal: Approximately 3,700 t of sponge iron deals were concluded in the range of $341-343/t CPT Raxaul. Bangladesh: Export offers for Bangladesh dropped to $363/t CPT Benapole, amid limited buying due…