Author: Prashasti Giri
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India: Sponge iron export offers decline by $7-10/t w-o-w for Nepal, Bangladesh
BigMint’s weekly assessment for sponge iron export offers indicates a downfall this week by $7-10/t. Despite this decrease, increased buying activity was observed from the Nepal region at varying offers. However, no buying activity was recorded for Bangladesh this week due to internal disturbances. Export prices have dropped to $348/t CPT Raxaul for FeM 80%…