Author: Rounak Gairarey
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Indian Sponge Iron Export Offers Up; Buyers Silent
Following rally in Indian domestic sponge prices, the latest export offers being quoted high by USD 5/MT as against assessment made during last week. As per SteelMint’s assessment, sponge iron prices in Indian domestic market gained by INR 500-700/MT (USD 7-10) in last 3-4 days following which the export offers also gained momentum. However as…