Author: Prashasti Giri
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India: Sponge iron export offers inch up by $1-3/t w-o-w for Nepal, Bangladesh
BigMint’s weekly assessment indicated that sponge iron export offers inched up by $1-$3/t w-o-w. However, buying activity remained limited due to weak demand amid fall in the domestic offers this week. Prices are as follows: CPT Raxaul for FeM 80% (70:30 mix) at $410/t for Nepal, with approximately 1,500 t of sponge iron sold. CPT…