Author: Prashasti Giri
-
India: Sponge iron export offers drop by $22-$31/t amid weak demand w-o-w
BigMint’s weekly price assessment indicated a sharp decline in sponge iron export offers by $22-31/t w-o-w, due to weak demand from global spot markets this week. Export offers for Nepal dropped to $360/t CPT Raxaul, with deals recorded about 1,000 t of CDRI and 1,500 t of PDRI on a w-o-w basis. Offers for Bangladesh…