Author: Prashasti Giri
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India: Sponge iron export offers decline further by $3/t w-o-w
BigMint’s weekly price assessment indicates that sponge iron export offers fell further by $3/t w-o-w, due to limited demand in the global spot market for sponge iron this week; Approximately 5,500 t of sponge iron were sold to Nepal at $403/t CPT Raxaul, as buyers are awaiting clarity on the duty applied by the government…