Author: Prashasti Giri
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India: Eastern India-based mills conclude around 10,000 t sponge iron export deals
BigMint’s weekly price assessment dropped by $4/t to $356/t CPT Nepal, (FeM 80%, lumps 70%, fines 30%). Two rakes (4,500 t) of sponge iron were sold at $330/t loaded to wagon eastern India, equivalent to $355/t CPT Nepal (FeM 80%, lumps 70%, fines 30%). Sources also reported 2,000 t of PDRI (FeM 78%) was concluded…