Author: Rounak Gairarey
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Indian Sponge Iron Exports Demand Bullish on Falling Imported Scrap Prices
Sponge iron exporters from eastern India reported weak demand due to significant fall in imported scrap offers to the Bangladesh. As per assessment, in a week duration imported scrap offers to the Bangladesh were down by USD 10/MT & on monthly premises by about USD 15-20/MT. However in these duration sponge iron export offers observed…