Author: Prashasti Giri
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India: Around 18,000 t sponge iron deals conclude for Nepal, Bangladesh
Sponge iron export offers declined by $8-10/t, despite increased buying activity observed from Bangladesh and Nepal at varying offers this week; Export offers for Nepal dropped to $345/t CPT Raxaul, with deals recorded for about 1,000 t of CDRI and 5,000 t of PDRI w-o-w. Offers for Bangladesh decreased to $357/t CPT Benapole, with approximately…