Author: Prashasti Giri
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India: Sponge iron export offers decline further on weak demand
Nepal sees selective bookings on lower offers Enquiries from Bangladesh remain subdued India’s sponge iron export market remained under pressure in the week ended 26 June 2026, tracking persistent weakness in global direct reduced iron (DRI) demand. As per BigMint’s weekly assessment, export offers to Nepal declined by $4/t w-o-w to $300/t CPT Raxaul, while…